NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
UniCredit today will outline details of an approach to value creation for Commerzbank.
UniCredit sees significant upside and risk reduction potential for Commerzbank beyond its current Momentum strategy to create additional value.
Our views are based on publicly available information and are the outcome of applying the proven track record of UniCredit Unlocked which has resulted in strong results and a compelling sustainable long-term model Group-wide and in Germany, delivered with low execution risk.
It is the view of UniCredit as a significant shareholder that Commerzbank is insufficiently prepared for future challenges and is overly focused on short-term delivery. UniCredit believes that Commerzbank should reposition to be future-ready by accelerating sustainable growth and focusing on investing and transforming.
The Chief Executive Officer Andrea Orcel will host a conference call at 09:00am CET on April 20, 2026. Related materials will be made publicly available shortly before the conference call in accordance with applicable law on UniCredit's website https://www.unicreditgroup.eu/en/investors/financial-reporting/other-presentations---documents.html
Pre-register for the call at this link: Unicredit Call
Dial in at:
Italy: +39 02 8020911
UK: +44 1 212818004
USA: +1 718 7058796
Web Phone: HD link
Milan, 20 April 2026
Contacts:
Media Relations e-mail: MediaRelations@unicredit.eu
Investor Relations e-mail: InvestorRelations@unicredit.eu