UNICREDIT SPA (83/2024) Launch of the 2024 Share Buy-back Anticipation

Raport bieżący z plikiem 83/2024

Podstawa prawna: Inne uregulowania

UniCredit S.p.A. (the "Company" or "UniCredit") announces, as per the authorisation granted by the Shareholders' Meeting held on 12 April 2024, that it has defined the measures for the execution of the share buy-back programme related to the anticipation of the expected distributions for the 2024 financial year (the "2024 SBB Anticipation") for an amount of Euro 1,700,000,000.

As disclosed on 13 September 2024, the 2024 SBB Anticipation has been authorised by the ECB.

UniCredit engaged Morgan Stanley _ Co. International Plc as qualified third-party broker (the "Broker"), which will decide on the stock purchases in full independence, also in relation to the timing of the transactions and in compliance with the daily price and volume limits and the terms of the programme (so-called "riskless principal" or "matched principal").

The 2024 SBB Anticipation has the following features:

• purposes and procedures according to which the purchases may be made: implemented for the purposes set forth in Article 5, paragraph 2, letter a), of Regulation (EU) 596/2014 (the "MAR") and the individual purchases shall be made in compliance with Article 132 of the Italian Consolidated Financial Act, Article 144-bis of CONSOB Regulation no. 11971/99, as well as in compliance with Article 5 of the MAR and Delegated Regulation (EU) 2016/1052;

• maximum amount in cash allocated and maximum number of shares to be purchased: the purchases will be made, also partially and in one or more transactions, for a total expenditure up to Euro 1,700,000,000.00 and, in any case, not exceeding no. 112,897,854 UniCredit shares (the latter equal to approximately 7% of UniCredit share capital at the date of this press release);

• duration: the purchases will start on 16 September 2024 and, pursuant to the mandate granted to the Broker, it is envisaged that the purchases may be completed indicatively by November 2024;

• minimum and maximum price: the purchases must be made in accordance with the limits set out by Delegated Regulation (EU) 2016/1052, it being understood that the purchase price cannot diverge downwards or upwards by more than 10% from the official price that will be registered by the UniCredit share in the trading session of Euronext Milan, organised and managed by Borsa Italiana S.p.A., on the day prior to the execution of each individual purchase transaction;

• exchange: the purchases will be made on Euronext Milan, organised and managed by Borsa Italiana S.p.A..

The transactions completed will be disclosed to the market in accordance with the terms and conditions set out in the laws and regulations in force.

Any subsequent changes to the 2024 SBB Anticipation will be promptly disclosed to the public in the manners and terms provided for by the laws and regulations in force.

The UniCredit shares that will be acquired as part of the 2024 SBB Anticipation will be cancelled in execution of the resolution of the abovementioned Shareholders' Meeting.

For further details, please refer to the Directors Report to the Shareholders' Meeting of 12 April 2024, available on the institutional website of UniCredit (www.unicreditgroup.eu) and on the eMarket STORAGE (www.emarketstorage.it/en).

Milan, 16 September 2024

Contacts:

Media Relations e-mail: MediaRelations@unicredit.eu

Investor Relations e-mail: InvestorRelations@unicredit.eu

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