UniCredit and Iren have signed an agreement that will enable the multi-utility's suppliers to benefit from early payments. The aim of the deal is to support the Italian business system and boost the economic recovery by stimulating a driver of growth.   Under the agreement, UniCredit Factoring is making up to €140 million available to Iren Group supplier companies, to be used for advance payments of trade receivables. This improves suppliers' accounts-receivable management and enables them to access the bank's tailor-made solutions at favourable conditions, thanks to the buyer's high credit standing.   The agreement grants suppliers of Iren Group companies maximum flexibility in the management of their working capital, accessing receivables even before the payments fall due and simplifying the accounting of collections and payments for all participants thanks to a purpose-built IT platform.   UniCredit and Iren have also created a bespoke digital solution within U-FACTOR Reverse Factoring that integrates with the multi-utility's own management system, meaning the buyer can upload invoices directly and confirm the amount payable. This streamlines the whole process and allows suppliers to decide – using the same platform – whether and when to receive early payment without any additional formalities.   A virtuous circle of liquidity is created, generating positive impacts throughout the supply chain and driving economic growth.     Milan, 6 December 2021       Enquiries   Media Relations UniCredit mediarelations@unicredit.eu

UniCredit S.p.A. notes the announcements made today by the European Banking Authority (EBA) and the European Central Bank (ECB) regarding the information of the 2021 EU-wide Transparency Exercise and fulfilment of the EBA Board of Supervisors’ decision.   Background of 2021 EU-wide Transparency Exercise     The EBA Board of Supervisors approved the package for the EU-wide Transparency Exercise, which since 2016 is performed on an annual basis and published along with the Risk Assessment Report (RAR). The annual transparency exercise will be based solely on COREP/FINREP data on the form and scope to assure a sufficient and appropriate level of information to market participants.   The templates were centrally filled in by the EBA and sent afterwards for verification by banks and supervisors. Banks had the chance to correct any errors detected and to resubmit correct data through the regular supervisory reporting channels, and to add specific information as required for further clarify data.   The 2021 Transparency exercise covers four reference dates: 30 September 2020, 31 December 2020, 31 March 2021 and 30 June 2021.   Milan, 3 December 2021     Enquiries   Investor Relations e mail: investorrelations@unicredit.eu Media Relations e mail: mediarelations@unicredit.eu  

The finalisation of Aviva S.p.A.’s acquisition by CNP triggers the closing phase of the enhancement of the existing partnership between UniCredit S.p.A. and CNP on the basis of the agreement signed between UniCredit S.p.A. and CNP on 3 March 2021.   UniCredit is holding a Strategy Day on December 9th 2021.   Milan, 1 December 2021       Enquiries:     Media Relations: e-mail: MediaRelations@unicredit.eu   Investor Relations: e-mail: InvestorRelations@unicredit.eu    

Here below the updated UniCredit's financial calendar for 2022.  

As part of its program to finalise the non-core portfolio run-down, UniCredit S.p.A. (“UniCredit”) successfully completed the transfer of €2.2bn Claim Amount of a NPL Portfolio including both secured and unsecured loans to a securitisation vehicle (OLYMPIA SPV SrL “OLYMPIA”) with the transaction (“Securitisation”) structured by UniCredit Bank AG as Sole Arranger. This is the third GACS transaction for UniCredit and the fourth for UniCredit Group.   OLYMPIA issued three classes of notes: €261mm senior note, €26,1 mm mezzanine note and €2,9 mm junior note. The senior notes are rated Baa2/BBB/BBB by Moody’s, S&P and Scope respectively.   The Securitisation has been structured for complying with the GACS (Garanzia sulle Cartolarizzazioni delle Sofferenze) law in order to obtain the GACS guarantee on the senior note.   UniCredit has just accepted the binding offer to dispose 95% of the mezzanine and junior notes to a financial institution not belonging to UniCredit Group, while retaining the minimum 5% net economic interest in OLYMPIA as required by regulation for originators.   Italfondiario and doValue act respectively as Master and Special Servicer of the Securitisation while Banca Finanziaria Internazionale S.p.A. covers the roles of Monitoring Agent, Calculation Agent, Representative of Noteholders and Back-up Servicer Facilitator.   UniCredit Bank AG is the Placement and Settlement Agent of the mezzanine and junior notes, and cap and liquidity line provider for OLYMPIA.   UniCredit has notified the ECB of its intention to recognize "Significant Risk Transfer" as of December 31st, 2021 in connection with the sale.     Milan, 29 November, 2021     Enquiries:   Media Relations: e-mail: MediaRelations@unicredit.eu Investor Relations: e-mail: InvestorRelations@unicredit.eu