Moody's changed UniCredit SpA's outlook to Positive

The Rating Agency Moody's yesterday changed UniCredit SpA’s Outlook to Positive from
Stable. The 'Baa1' long-term senior debt, deposit and ‘Prime-2’ short-term ratings have been
affirmed. The standalone baseline credit assessment (‘BCA’) of ‘ba1’ and its subordinated
debt ratings have been affirmed at the same time.
For further details please see Moody’s corresponding press release on the rating agency
website www.moodys.com 

Milan, 9 January 2018

---

Additional media information:

Victoria Blajeva, tel +359 (0) 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Beatris Nikolova, tel +359 (0) 2 9232 528, cfbusjt/ojlpmpwbAvojdsfejuhspvq/ch

Ekaterina Ancheva, tel +359 894 518 193 , flbufsjob/bodifwbAvojdsfejuhspvq/ch