•        Unprecedented commitment, first of its kind in Europe •        Agreement extends to 13 banks in 12 markets across all card products, totaling 20 mln cards •        Focus on accelerating innovation and enhanced customer experience   UniCredit and Mastercard today announce a global expansion of their payment partnership.   The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe. It brings together in one agreement UniCredit’s ability to harness the collective weight of 13 banks as one institution with Mastercard’s expertise in the card payment space. The significant broadening of the parties’ relationship will deliver payment innovation and enhanced digital experiences to customers.   This enhanced multi-year partnership provides the necessary resources to achieve a shared ambition to increase the speed of innovation in the payments space and put customers at the center. It enables UniCredit to provide a best in class offering for all its cardholders, delivering a simplified core product proposition, optimized digital experience with a full suite of in-app solutions and the development of a dedicated approach for innovation, increasing payment choice to customers, across multiple payments rails.   Both parties’ commitment to increase their tangible actions across environmental and social sustainability will also be enhanced through this partnership. Insight and resources will be combined with a particular focus on the implementation of new projects on common ESG goals, developing solutions to support empowering communities to progress, fighting climate change with mindful spending choices and the ability to contribute tangibly to environmental goals, integrating donations in the everyday spend.   This agreement is a clear example of the execution of the UniCredit Unlocked plan, uniting 13 banks to deliver value for UniCredit stakeholders in a capital-light manner, taking opportunities from European DNA but working as a unified group. It is the most immediate manifestation of the potential within payments, which UniCredit is focused on to further extract value in terms of product simplification, cost synergies and digital transformation.   The partnership will focus on supporting the delivery of the UniCredit’s strategic priorities. This includes digitalization of payments solutions, offering multi functioning solutions with a fully equipped card. It aligns with UniCredit’s brand attributes to build increased preference and loyalty across the consumer lifecycle, enriching bank wide opportunities thanks to Mastercard’s strong award-winning Priceless brand platform and sponsorship marketing assets.   “This partnership epitomizes the essence of UniCredit Unlocked and our commitment to leverage the full impact of our multi market footprint as one complete offering for the benefit of our clients said Andrea Orcel, CEO, UniCredit. Our geographical reach and Mastercard’s expertise in this space enables us to not only streamline our partnerships and contracts, but enhance our digital, security and product offering for all our current and future cardholders. This is a perfect example of the new way of managing projects in UniCredit, bringing benefits to all legal entities in a disciplined way and acting as a single company.”   “UniCredit has been an important partner for many years. Together we have created real solutions that help people and businesses across Europe. This expanded relationship will build on that experience to bring new innovations to UniCredit cardholders”, said Michael Miebach, CEO, Mastercard.   Milan, 26 May 2023    Contacts: Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu

  Within the UniCredit S.p.A. (the “Company” or “UniCredit”) share buy-back programme communicated to the market on 3 April 2023 and initiated on the same date, as per the authorisation granted by the Shareholders’ Meeting of the Company held on 31 March 2023 (the “First Tranche of the Buy-Back Programme 2022”) – on the basis of the information received from BNP Paribas Exane as intermediary in charge of executing, in full independence (so-called “riskless principal” or “matched principal”), the First Tranche of the Buy-Back Programme 2022 – UniCredit informs, pursuant to art. 2, paragraph 3, of the Delegated Regulation (EU) 2016/1052, that it has carried out the transactions indicated below.   The chart below provides aggregate details of the daily purchases of UniCredit ordinary shares (ISIN IT0005239360), made from 15 May 2023 to 19 May 2023.  

  Within the UniCredit S.p.A. (the “Company” or “UniCredit”) share buy-back programme communicated to the market on 3 April 2023 and initiated on the same date, as per the authorisation granted by the Shareholders’ Meeting of the Company held on 31 March 2023 (the “First Tranche of the Buy-Back Programme 2022”) – on the basis of the information received from BNP Paribas Exane as intermediary in charge of executing, in full independence (so-called “riskless principal” or “matched principal”), the First Tranche of the Buy-Back Programme 2022 – UniCredit informs, pursuant to art. 2, paragraph 3, of the Delegated Regulation (EU) 2016/1052, that it has carried out the transactions indicated below.   The chart below provides aggregate details of the daily purchases of UniCredit ordinary shares (ISIN IT0005239360), made from 8 May 2023 to 12 May 2023.  

Following the communication received by the Single Resolution Board (SRB) and Banca d'Italia, the following Minimum Requirements for Own Funds and Eligible Liabilities (MREL) apply to UniCredit SpA on a consolidated basis.   The intermediate binding MREL is confirmed equal to: •        20.73 percent of Risk Weighted Assets (RWA) plus the applicable Combined Buffer Requirement (CBR) •        5.90 percent of Leverage Ratio Exposures (LRE)   The intermediate binding MREL subordinated component, i.e. to be met with subordinated instruments, is confirmed equal to: •        11.79 percent of RWA plus the applicable CBR •        5.68 percent of LRE   From 1 January 2024 the fully loaded MREL will be equal to: •        22.13 percent of RWA plus the applicable CBR •        6.02 percent of LRE   The fully loaded MREL subordinated component will be equal to: •        15.36 percent of RWA plus the applicable CBR •        6.02 percent of LRE   The above subordination requirements take into account the "senior allowance" benefit, which allows to meet part of the subordinated requirement with senior (non-subordinated) instruments.   As of 1Q23, UniCredit is well above the mentioned requirements, with MREL eligible liabilities equal to: •        30.90 percent of RWA •        9.34 percent of LRE   The MREL subordinated eligible liabilities are equal to: •        23.83 percent of RWA •        7.21 percent of LRE     Milan, 15 May 2023       Contacts:  Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu

·        The EIF will provide two guarantees worth around €370 million to UniCredit Group to finance approximately €1 billion of investment made by small businesses in seven countries across Central and Eastern Europe. ·        These agreements were made possible with the support of the InvestEU programme. Up to 2 500 small businesses and small mid-caps are expected to benefit from increased access to finance. ·        The EIF-UniCredit agreements aim to boost funding for the fields of sustainability, innovation, digitalisation, culture, creativity, education and social investments.   The European Investment Fund (EIF), part of the EIB Group, is providing UniCredit Group with two guarantees worth €370 million to boost investment made by small and medium-sized businesses (SMEs) across seven EU countries, including Bulgaria, Croatia, the Czech Republic, Hungary, Romania, Slovakia, and Slovenia. The transactions are backed by InvestEU, the European Union’s long-term funding programme to support sustainable investment, innovation and job creation in Europe aiming to mobilise at least €372 billion in investments for EU policy priorities by 2027.   The EIF guarantees backed by InvestEU will enable UniCredit to provide loans on favourable conditions to 2 500 SMEs and small mid-caps across Europe and mobilise investment of around €1 billion into the real economy. The resources will primarily go towards to investment contributing to the twin green and digital transition, but also to boost the cultural, educational and social sectors.   As part of UniCredit’s green lending strategy, loans will also be provided to housing associations and individuals for their own renewable energy and energy efficiency investments in residential buildings, as well as to promote the development of sustainable mobility.   “The excellent relationship between the EIB Group and UniCredit Group is key to reaching as many small businesses as possible across Central and Eastern Europe, ensuring they have the resources needed to invest in a brighter, more sustainable, and innovative future,” said Chair of the EIF Gelsomina Vigliotti. “This operation once again shows the EIF's commitment to facilitating access to finance for Europe's 23 million SMEs, which represent 99% of all businesses and provide around three-quarters of all jobs in the European Union.”   European Commissioner for Economy Paolo Gentiloni said: “InvestEU is a key instrument for supporting SMEs and small mid-caps across Europe. Thanks to this agreement, businesses in Bulgaria, Croatia, Czechia, Hungary, Romania, Slovakia and Slovenia will be able to accelerate their transition towards a greener and more digital economy, for instance with investments in the energy efficiency of residential buildings. We are proud to provide the necessary support to businesses in these countries to achieve this goal and create jobs.”   UniCredit CEO Andrea Orcel added: “Providing sustainable finance to fuel social investments and innovation is a critical aspect of our pledge to improve the social aspect of environmental, social and governance in any way we can. In the last ten years, our work with EIB Group has enabled easier access to financing for more than 12 000 small and mid-sized businesses in Central and Eastern Europe. Our firm presence and local networks in the region meant that we, in strategic partnership with the EIF and the EIB Group, received the region’s biggest allocation of InvestEU guarantee capacity. This will enable us to provide even more for clients as we continuously strive to fulfil our purpose of empowering communities to progress.”   Milan, 10 May 2023   Contacts Media Relations Email: mediarelations@unicredit.eu