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, 3 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.   Today UniCredit published, following the approval by Consob with resolution n. 0066297, the supplement to the registration document, the securities note and the summary approved by Consob on 1 April 2025 (the “Supplement to the Prospectus”). The Supplement to the Prospectus has to be read together with – and constitutes and integral part of – the registration document, of the securities note and of the summary.   The Offeror also published today, pursuant to article 38, paragraph 5, of the Issuers’ Regulation, the supplement to the Offer Document approved by Consob on 1 April 2025 (the “Supplement to the Offer Document” and, jointly with the Supplement to the Prospectus, the “Supplements”). The Supplement to the Offer Document has to be read together with – and constitutes and integral part of – the Offer Document.   Pursuant to article 23, paragraph 2 of the Prospectus Regulation, those investors who had already agreed to adhere to the Offer before the Supplements were published have the right - exercisable within three working days after the date hereof, therefore within the 8 July 2025 - to withdraw their acceptances by giving written notice to their bank or intermediary.   The Supplements, together with all the documentation regarding the Offer, are available on the web site of the Offeror www.unicreditgroup.eu.     * * *     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 S.p.A announces it has moved the date of the Board of Directors approval of the second quarter and the first half 2025 results to 22 July 2025 (instead of 28 July).   The Group results presentation - publication and conference call - will be on 23 July 2025 (instead of 29 July).   The updated financial calendar is available on the group website: https://www.unicreditgroup.eu/en     Milan, 1 July 2025     Contacts:  Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu

  UniCredit, the pan-European bank, and Rise Europe, the alliance of leading European innovation hubs, today announced a strategic partnership to foster European champions and a more competitive continental business environment.   The collaboration will boost Rise Europe’s growth, support startup champions to scale, and build a stronger Europe, leveraging on UniCredit extensive 13-country footprint, corporate relationships with entrepreneurs, and existing local startup initiatives.   The purpose is to bolster trans-continental business progress, development and knowledge-sharing opportunities with the support of leading industrial and academic innovation players from 14 different European countries.   This initiative highlights UniCredit’s longstanding and increased commitment to sustaining the evolution of both European and local businesses in the countries where the Group operates directly.   Rise Europe was established in 2023 by UnternehmerTUM, the centre for innovation and business creation of the Technical University of Munich, with the aim to empower the next generation of transformative startups to secure long-term prosperity in Europe.   Rise Europe comprises 19 corporate and academic institutions, and it intends to tackle global challenges arising in: -        AI, robotics and quantum computing -        Climate neutrality and circular economy -        Food, agriculture and healthcare -        Aerospace and mobility -        Energy transition and resilience   Since its foundation, Rise Europe has supported over 14,500 startups and 130,000 talents, which captured approximately 10% of the annual regional venture capital funding available.   “UniCredit is fully committed to strengthening the European startup ecosystem. Strong financial institutions like UniCredit are enablers for new market and technology leaders from Europe. The partnership with Rise Europe is testament of UniCredit’s commitment to the future and sustainability of the economies we operate within” said Fiona Melrose, Head of Group Strategy & ESG, UniCredit. “The collaborative nature of the initiative aims to tear down national barriers, and create one, strong pan-European environment where entrepreneurs can thrive and succeed. Additionally, it will give us a front row seat on the most cutting-edge innovations that will benefit our business, clients and communities.”   “Europe has a fantastic base of entrepreneurial talent and leading tech universities. With joint forces we will initiate and accelerate a new generation of European startup champions. In this sense, UniCredit’s involvement plays a key role in this mission. It provides access to a deep pool of capabilities, connections, and countries, bringing Southern and Central Eastern European economies into the fold” said Prof. Dr. Helmut Schönenberger, Founder and CEO of UnternehmerTUM.     Milan, Italy/Munich, Germany - 01 July 2025   For further information, please contact: mediarelations@unicredit.eu

  UniCredit S.p.A. (“UniCredit”) announces that, having received all necessary approvals from the relevant authorities, it has today completed the internalisation of its life bancassurance business in Italy, acquiring full control of the joint ventures with CNP Assurances S.A. (“CNP Assurances”) and Allianz S.p.A. (“Allianz”).   As an effect of the closing of the acquisition, CNP UniCredit Vita S.p.A. has been renamed UniCredit Life Insurance (“ULI”), while UniCredit Allianz Vita S.p.A. has been renamed UniCredit Vita Assicurazioni (“UVA”).   Alessandro Santoliquido has been appointed CEO of both companies alongside his role as Head of Group Insurance.   ULI and UVA are expected to merge in 2026: the resulting new Italian life bancassurance company represents a significant expansion of the Client Solutions factories and will hold a leadership position in high-value segments such as unit-linked and term life policies.   In line with the relevant regulations, UniCredit plans to apply for recognition of the Danish Compromise once classified as a Financial Conglomerate.   Following long-standing partnerships with two of the most reputable global insurance groups, CNP Assurances and Allianz, the internalisation of the life bancassurance factories in Italy will allow UniCredit to:   ·       build an efficient company in a fee-based sector where UniCredit is already one of the leading players; ·       extract business synergies to further strengthen service levels and the value for money offered to customers, while also driving a substantial growth of the business.   The current set-up of the Italian non-life bancassurance business will not be impacted and will continue to operate through the joint venture UniCredit Allianz Assicurazioni S.p.A. under the terms communicated to the market in January 2022.   The impact of the transaction on the Group's second quarter CET1 ratio is expected to be circa -25 basis points. This impact is expected to be neutralized once UniCredit will be recognised as a fully-fledged Financial Conglomerate subject to supplementary supervision and it obtains the application of the Danish Compromise.   UniCredit expects the two transactions will substantially contribute to the EUR 0.4 billion growth in insurance annual revenues by FY27, compared to FY24.   Alessandro Santoliquido, Head of Group Insurance at UniCredit, commented: “This transaction is a key milestone in the journey towards the creation of a leading life insurance company in Italy. Our aim is to become the market reference point not only in terms of size, but also for efficiency, product innovation and quality of customer service. Our commitment is now to carry out the merger as quickly as possible, to enter the next stage of growth offering customers the best available solutions”.     Key figures   In 2024, the two companies, UAV and CUV, collected roughly EUR 8.6 billion of Gross Written Premiums (with a market share of 7.2% of the whole life insurance market), with total technical reserves of about EUR 45.6 billion.   In Italy, in 2024, UniCredit’s life bancassurance business generated circa EUR 580 million in distribution fees (13.4% of UniCredit’s total net commissions in Italy), in addition to over EUR 100 million of profits from its shareholdings in the two companies.   Milan, 20 June 2025   Contacts:  Media Relations e-mail: mediarelations@unicredit.eu Investor Relations  e-mail: InvestorRelations@unicredit.eu

  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, 19 June 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’), today UniCredit S.p.A. (‘UniCredit’) received from the Directorate General for Competition (DGCOMP) authorization for the acquisition of Banco BPM.   This authorisation is subject to the implementation of commitments aimed at addressing the competition aspects of the transaction. In particular, it is foreseen the disposal of 209 Banco BPM branches to qualified operators.   The 30-day suspension of the offer period, decided by Consob on 21 May 2025 pursuant to Article 102, paragraph 6, lett. b) of TUF, will end on 21 June 2025 and, therefore, the offer period, without prejudice to any UniCredit rights, will restart running on 23 June 2025.   Shortly after the restart of the offer period, the documentation relating to the Offer will be updated by way of publication (subject to Consob’s approval) of a supplement to the prospectus and the offer document, and shareholders that tendered the shares will be allowed to withdraw, in accordance with the applicable legal provisions.   * * *     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.