Milan, Vienna, Zeist, 27 November 2025 - UniCredit Bank Austria and PGGM enter a €1.945 billion risk sharing transaction referencing a corporate and SME loans portfolio and allowing the bank to boost lending.   The transaction referred to as "Project ARTS Belvedere 2025" represents the return of UniCredit Bank Austria as issuer in the significant risk transfer (SRT) market, further reinforcing UniCredit’s position as one of Europe’s most active and innovative SRT players.   The transaction is part of UniCredit ARTS program, within UniCredit's strategy to increasingly use SRT as an effective tool to enhance capital efficiency and to widen lending capabilities for the real economy, with the ambition to expand it further to new asset classes and different legal entities in the Group perimeter.   Project ARTS Belvedere 2025 builds on the close cooperation between UniCredit Group and PGGM, representing the third joint project, following the completion of ARTS Silver-2 executed in Bulgaria in 2025 and ARTS Morava in the Czech Republic in 2024.   The €1.945 billion reference portfolio of Project ARTS Belvedere 2025 consists of corporate and SME exposures granted to clients of UniCredit Bank Austria. The capital structure includes retained first loss and senior tranches, and a second loss tranche guaranteed by PGGM on behalf of its client PFZW, the Dutch pension fund for the healthcare sector.   UniCredit Bank GmbH acted as sole arranger and placement agent for the Bank.   Stefano Chiarlone, Head of Balance Sheet Management at UniCredit, stated: “Project ARTS Belvedere 2025 further confirms the effectiveness of UniCredit’s strategy on capital efficiency, delivering significant capital relief at both Bank and Group level. With this transaction, we have successfully expanded our SRT framework to Austria and strengthened its development in the CEE region. It marks our 6th SRT transaction in CEE, confirming the broad geographical coverage of our SRT activity on top of Italy and Germany. I would like to thank PGGM for being a reliable partner in this important project”.   Hélène Buffin, CFO at UniCredit Bank Austria said: "Project ARTS Belvedere 2025, and our renewed role as an issuer in the SRT market, represents an important milestone in our ongoing efforts to optimize capital and risk management efficiency. By further strengthening our capital position, this transaction allows us to accelerate the lending to small and medium-sized enterprises (SMEs) and corporates. We greatly value our excellent collaboration with PGGM, which lays the foundation for a long-term partnership”.   Luca Paonessa, Lead Portfolio Manager, Credit Risk Sharing at PGGM added: “The first transaction with UniCredit was executed exactly one year ago. Today we look back on a very productive year, during which UniCredit Group has become one of the core relationships for our mandate. In addition to the high professional standards that the group implements across its subsidiaries, UniCredit is a leader in integrating sustainability in all areas of lending, making it a perfect fit for our client PFZW. We are very pleased to welcome Bank Austria among our partner banks, and we look forward to expanding our presence in the CEE region.”     Contact Media Relations E mail: mediarelations@unicredit.eu

  The Joint Steering Committee of the UniCredit – Alpha Bank strategic partnership convened in Munich, bringing together senior executives from both Groups. The meeting highlighted the strong momentum of the alliance, showcased the achievements of 2024–2025, and defined a forward-looking agenda aimed at unlocking new opportunities for clients across Europe. Both organizations reaffirmed their shared ambition to shape one of the most effective and comprehensive cross-border banking collaborations in Europe.   Beyond the progress reviewed at the SteerCo, the partnership also benefits from the unique presence of major corporates operating across Italy, Germany and Greece—three markets that are deeply connected through trade, investment and supply chains. Many leading companies in sectors such as energy, infrastructure, industrials, logistics and consumer goods have meaningful activities in all three geographies. Through the strengthened collaboration between UniCredit and Alpha Bank, these corporates gain access to a seamless cross-border banking platform, combining UniCredit’s scale and capabilities in Italy and Germany with Alpha Bank’s strong domestic relationships in Greece and Cyprus to support their regional growth ambitions.   Andrea Orcel, CEO UniCredit, said: “Our partnership with Alpha demonstrates the power of collaboration in driving innovation and competitiveness across Europe. By combining UniCredit’s scale and digital capabilities with Alpha’s local strength, we are creating a platform that delivers cutting-edge solutions for clients and accelerates growth in key markets. This is about shaping the future of banking in Europe-efficient, technology-driven and deeply connected to local communities. Our federal approach ensures that we respect national identities while building a truly integrated network that benefits clients, shareholders and society at large. Together, we are setting new standards for what European banking can achieve."   Vassilis Psaltis, CEO Alpha Bank, added: “With our partners at UniCredit, we are working tirelessly to deliver value to our customers by unlocking new opportunities in growing their business beyond the national borders. Germany is a strong, traditional trading partner of Greece, and our two days Steering Committee in Munich gave an excellent opportunity to our teams to work intensely on developing new propositions for our clients. We are setting the stage for increased, targeted client engagement in 2026.”   The partnership between UniCredit and Alpha Bank continues to evolve, grounded in mutual trust, shared priorities and consistent delivery. As collaboration deepens, both institutions remain committed to building on this foundation to unlock even greater value for their clients and stakeholders.                                                                                                                                    26 November 2025       Contact Media Relations E mail: mediarelations@unicredit.eu

  The rating agency Moody’s has today upgraded UniCredit SpA’s Senior Preferred and Long-Term Deposits rating by one notch from ‘Baa1’ to ‘A3’ and assigned a Stable outlook.   UniCredit SpA’s Baseline Credit Assessment has been upgraded to ‘baa2’. Its standalone creditworthiness and Financial Profile, with initial score of ‘a3’, benefit from the bank’s diversified business mix and leading franchises principally in developed and mature European economies.   The bank has received upgrades across the capital structure, with Additional Tier 1, Tier 2, and Senior Non-Preferred ratings receiving a one notch upgrade respectively.   Moody’s decision marks the fourth major credit rating upgrade this year for UniCredit, now rated single-A by all three rating agencies.   For further details please refer to the corresponding press release on the website of the rating agency: www.moodys.com     Milan, 25 November 2025     Contacts Media Relations: e-mail MediaRelations@unicredit.eu Investor Relations: e-mail InvestorRelations@unicredit.eu  

  Milan, 24 November 2025 – Within the UniCredit S.p.A. (the “Company” or “UniCredit”) share buy-back programme communicated to the market on 23 October 2025 and initiated on the same date, as per the authorisation granted by the Shareholders’ Meeting of the Company held on 27 March 2025 (the “Second Tranche of the SBB 2024 Residual ”) – on the basis of the information received from JP Morgan SE as intermediary in charge of executing, in full independence (so-called “riskless principal” or “matched principal”), the Second Tranche of the SBB 2024 Residual – 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 November 2025 to 21 November 2025.  

  Up to €6 million for projects supporting young people aged 11 to 19   UniCredit Foundation is launching the second edition of the UCF Edu-Fund Platform, the initiative designed to tackle educational poverty and promote equal access to quality education in the European countries where UniCredit operates. This marks a new step towards an even stronger commitment to supporting young people, following the great success of the first edition, which selected 30 high-impact programmes across Europe.   The launch comes in the wake of the UnConference, a two-day event hosted at UniCredit’s headquarters that brought together the winning organisations from the first edition. The gathering offered a space to look beyond results and openly discuss fragilities, challenges and failures, recognising that community, involving schools, practitioners, organisations and colleagues, is the true driving force behind meaningful change. For UniCredit Foundation, failure is not the end of a process but the beginning of a dialogue that builds trust and opens up new possibilities for the relationship between donors and non-profit organisations.   The platform, open from 17 November 2025 to 16 February 2026, provides up to €6 million to support programmes targeting lower and upper secondary school students (aged 11–19). Eligible proposals may address school dropout prevention, teacher training, university guidance, and the development of skills needed to enter the labour market.   The UCF Edu-Fund Platform is open to non-profit organisations with proven experience in the education sector and offers three funding streams - small, mid and large-scale - with grants ranging from €100,000 to over €1 million, supporting local, national and transnational programmes. This year, the initiative covers 13 countries: Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Germany, Hungary, Italy, Poland, Romania, Serbia, Slovakia and Slovenia.   Silvia Cappellini, General Manager of UniCredit Foundation, commented: “With this new edition of the Edu-Fund Platform, we continue to invest in our communities through projects that put them at the center, strengthening support networks and helping scale successful practices already in place within local educational ecosystems. Our goal is to ensure that no talent goes unexpressed and no opportunity for growth is lost.”   Applications must be submitted through the dedicated online platform.   Further information is available on the UniCredit Foundation website.