UniCredit Unlocked includes a number of actions to relaunch the Group and unleash its full potential, putting Customers and Employees at the centre through simplification and investment in digital & data.     UniCredit today announces that it has signed a trade union agreement with the Delegations of FABI, FIRST CISL, FISAC/CGIL, UILCA and UNISIN, aimed at the structural relaunch of the Italian bank’s branch network in the period until the end of 2024, as set out in its strategic plan, focused on unlocking the full commercial potential of UniCredit, encouraging generational change and strengthening the training and development of the Group’s people in Italy.   The new plan will take as a reference, within the Italian perimeter: - UniCredit's social role in Italy, where the bank has strong roots and is committed to contributing to the creation of the conditions that will allow for the structural relaunch of the country's economy. It will do so primarily by supporting Italy’s territories, production system and households - customer centricity and customer needs, as these are accelerating the change to the bank’s business model - importance of bank branches to guarantee a high level of territorial coverage - organisational simplification and increased efficiency of processes, to free up time for having contact with the customers and to focus on enhanced business skills - cost efficiency in favour of investments in branches and in the digital transformation to make UniCredit fully competitive in the new market context - digital strategy, with considerable investment in technological infrastructure to provide customers with ever simpler and more personalised services   "I am very proud of the agreement reached today and would like to thank the trade unions for their constructive challenge and contribution to the result obtained,” said Andrea Orcel, Chief Executive Officer of UniCredit. “Today's agreement is a reflection of the approach we have taken in these negotiations and the positive result that is has had for our employees. It is a milestone that will allow us to further strengthen our relationships with our territories in a socially responsible way and encourage an important generational change, in line with the planned digital investment and the objectives to relaunch the Group set out in the UniCredit Unlocked plan".   The agreement defines the terms and criteria for reaching the target of a total of 1,200 new voluntary exits by the end of 2024 through socially responsible measures, primarily retirement and access to the Solidarity Fund.   The Group is committed to hiring 725 people in the three-year period 2022-2024, which, added to the 775 remaining from the Agreement of April 2, 2020, brings new hires to approximately 1,500. This will ensure a positive generational turnover and an increase in the digital skills of the workforce.   Specifically: - new hires with permanent/apprenticeship contracts, at a ratio of one entry for every two exits in adherence to the plan, up to the addition of 475 workers to be placed across the bank's branch network; - to support generational change, UniCredit also states that it will make a further 250 hires, equally divided between the branches and the Digital area; - the finalisation of the remaining 775 agreed hires already envisaged under the Group Agreement of 2 April 2020; - in addition, 1,000 apprenticeships will over time be confirmed under permanent employment contracts. These new hires, in addition to ensuring the necessary generational change by supporting the evolution of the bank’s business model, will also allow UniCredit to make an important contribution towards the growth and development of Italy.   Another pillar agreed between the Parties will be the centrality of training processes for the professional development of staff and for the success of the "UniCredit Unlocked" plan. In line with this, the creation of the new Academy in Italy will be highly important. This will become the hub for training and development in constant cooperation and synergy with the territories and the bank’s different business units.   Finally, in consideration of the commitment shown by the workers of the national perimeter, the two Parties further confirmed intensified discussions with view to finalising the collective productivity bonus for 2021 in the short-term.   Milan, January 27, 2022     Enquiries   Investor Relations e mail: investorrelations@unicredit.eu Media Relations e mail: mediarelations@unicredit.eu

Within the UniCredit S.p.A. (the “Company” or “UniCredit”) share buy-back programme communicated to the market on 9 December 2021 and initiated on 13 December 2021, in execution of the resolution of the shareholders’ meeting held on 15 April 2021 which approved the share buy-back programme for a maximum amount of Euro 651,573,111.00 and for a number of UniCredit shares not exceeding 110,000,000 (the “Second Buy-Back Programme 2021”) – on the basis of the information received from J.P. Morgan AG as intermediary in charge of executing, in full independence (so-called “riskless principal” or “matched principal”), the Second Buy-Back Programme 2021 – 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 17 January 2022 to 21 January 2022.    

Local Certifications were achieved in six European Countries: Austria, Bulgaria, Germany, Hungary, Italy and Russia.       For the sixth year in a row, UniCredit has been officially certified by the Top Employer Institute for its extraordinary commitment to the well-being of its employees and for providing an innovative, rewarding, and inclusive workplace.   The European level Top Employer Certification was awarded thanks to the local Certifications achieved by UniCredit in: Austria, Bulgaria, Germany, Hungary, Italy and Russia.   The Top Employers Institute programme recognises organisations based on the results of their HR Best Practices survey. This survey covers six domains consisting of twenty topics, including People Strategy, Work Environment, Talent Acquisition, Learning, Well-being, and Diversity & Inclusion.   Commenting on the recognition, Andrea Orcel, Chief Executive Officer of UniCredit, says: “I am incredibly proud of this recognition and the reflection it has on UniCredit as a place to work.  Our people are the most important element of our business.  They are the reason we are able to be successful, serve our clients and impact our communities. Creating an environment that supports and challenges them, ensures they unite behind a common ambition and thrive in all they do, is a critical priority for us.  We can and should always do more, but this award demonstrates that we are working from a strong foundation.”   In line with the new business strategy, the Bank will be investing heavily in the digital evolution of the organisation over the next three years, and will also be focusing on upskilling digital competences, continuing to retain best digital talents and experts as well attracting new ones.     Milan, 20 January 2022       Enquiries   UniCredit Media Relations e-mail: mediarelations@unicredit.eu

UniCredit has ranked first in Italy as well as coming in second in its global peer group (751 companies) in the Corporate Knights’ 2022 ranking of the World’s Most Sustainable Corporations. The bank’s overall rank in the Corporate Knights’ Global 100 Index for 2022 is 59.   Andrea Orcel, CEO of UniCredit, commented: "We are proud of these results which are testament to our continued commitment to ESG. This commitment is to have our actions match our principles, not only leading by example within our own business, but also supporting our clients and the communities in which we are present through the various stages of their own transitions. This requires us to balance decisive environmental actions, with societal impact, navigating a path that will deliver, over as fast a time as possible, the sustainable society that we are striving to build for all.”   This is the first time for UniCredit to be included in the Corporate Knights’ Global 100 Index, which provides an annual ranking of the World’s 100 Most Sustainable Corporations based on key environmental, social and governance (ESG) metrics. The ranking draws on a rigorous assessment of 6,914 companies with more than US$1 billion in revenues. It also sheds light on the evolution of ESG priorities and outcomes, and on the extent of the gap between leading sustainability performers and their global corporate peers.   Sustainability is a key lever of the new UniCredit Unlocked business strategy the bank presented in December 2021 with several ambitious ESG targets for 2022-2024. This includes a target of €150 billion in new cumulative ESG volumes across environmental lending, ESG investment products, sustainable bonds and social lending. UniCredit will also invest €100 million to ensure equal pay for equal work and is committed to a net-zero target on own emissions by 2030 and on financed emissions by 2050.   A digital version of the Corporate Knights’ ranking, select national scorecards, and further contextual and methodological information is available at corporateknights.com/global100.      

UniCredit has reached an agreement with a securitisation vehicle managed by KRUK Group in relation to the disposal on a non-recourse basis (pro-soluto) of a non-performing corporate credit portfolio both secured and unsecured, in Italy.   The portfolio consists entirely of Italian Non Performing Exposures with a claim value of approximately € 222 million. The economic impact is recognized in the 2021 Financial Statements, where the portfolio will be classified as held-for-sale, in accordance with IFRS5.   The agreement is part of UniCredit’s on-going strategy to reduce non-performing exposures.       Enquiries   Investor Relations e mail: investorrelations@unicredit.eu Media Relations e mail: mediarelations@unicredit.eu