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UniCredit: update on the execution of the share buy-back programme

May 17, 2022. MILAN

Update on the execution of the share buy-back programme during the period from 11 to 13 May 2022

Within the UniCredit S.p.A. (the "Company" or "UniCredit") share buy-back programme communicated to the market on 10 May 2022 and initiated on 11 May 2022, in execution of the resolution of the shareholders' meeting held on 8 April 2022 (the "First Tranche of the Buy-Back Programme 2021") - on the basis of the information received from Goldman Sachs International as intermediary in charge of executing, in full independence (so-called "riskless principal" or "matched principal"), the First Tranche of the 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 11 May 2022 to 13 May 2022.

"The details of all the purchase transactions carried out in the period indicated above are reported in the following pages.* As of 13 May 2022, since the launch of First Tranche of the Buy-Back Programme 2021, UniCredit purchased no. 12,876,001 shares, equal to 0.59% of the share capital, for a total consideration of 121,728,450.66 Euro. * Details in the press release here below UNICREDIT: UPDATE ON THE EXECUTION OF THE SHARE BUY-BACK PROGRAMME DURING THE PERIOD FROM 11 TO 13 MAY 2022

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