2Q22 Group Results - Infographic (ENG)

Title: Sixth consecutive quarter of profitable growth leading to the strongest first half in a decade

Subtitle: Well positioned to face macroeconomic headwinds

First section:

Title 1: Outstanding results: strongest 1H and 2Q in at least a decade, delivering across all levers and businesses ahead of plan.

Title 2: Russia de-risked: at minimum cost with disciplined management and contributing

Title 3: Well positioned for deterioration in the macro including a recession given capital strengths, credit quality, conservative provisioning, overlays

Title 4: On track for 2021/22 shareholder distributions with significant capacity to continue

Title 5: Embedded ESG throughout the Group with tangible results and delivering on our purpose

Second section:

Title: All regions delivering above UniCredit Unlocked and at record levels

Columns of the table: 1H22 Profit before tax; Change 1H/1H; RoAC 1H22

Text in the table:

ITALY: 2.2 bn | +42% | 14.8%

GERMANY: 1.0 bn | +61% | 12.9%

CENTRAL EUROPE: 0.7 bn | +41% | 13.5%

EASTERN EUROPE: 0.4 bn | +9% | 17.8%

Third section:

Title: 3 levers largely under management control giving confidence in our strategic plan

Text in the table:

NET REVENUE: +10% 1H/1H

o/w +5% Gross revenue 1H/1H

High risk-adjusted return growth across the regions

COST: -3.4% 1H/1H

We continue to manage our cost base without impact on revenue generation

CAPITAL: 110 bps 1H22

Organic capital generation

Above target, supporting healthy distributions and absorbing shocks