The financial results of the group for 2013 reflect the measures undertaken by the Group for strengthening of capital ratios;

The estimated profit for this year is EUR 2 billion.

UniCredit’s Board of Directors adopted a Strategic Plan to be fulfilled in the next five years until 2018. The measures in the plan are intended mainly to increase lending and ensure support for the investment initiatives of the Group’s clients – individuals and companies. UniCredit will also continue to focus on its core business – commercial banking. Along with that, the Group’s management approved the 2013 year-end financial results, which reflect the impact from the adopted measures for reinforcement of the capital ratios and reaching the highest standards for coverage of impaired loans.

Strategic Plan 2013-2018

“To UniCredit 2013 was a turning point, and now, having completed all necessary actions, we are prepared to increase our lending activity and to support the real economy in Europe. With the actions that we are announcing today, we will further strengthen our capital ratios. Thanks to the allocated provisions as at the end of 2013 UniCredit not only meets the regulatory requirements to a much greater extent than the prescribed levels in Basel 3, but also ranks first by this ratio in Italy and is at one of the top positions in Europe. Our plan is based on solid foundations, good culture of risk management and improvement of the macroeconomic environment. Therefore, our plan envisages that we end 2014 at a profit of about 2 billion euro and triple this positive financial result in 2018 – up to EUR 6.6 billion”, says the CEO of UniCredit Federico Ghizzoni.

Upon announcing the plan, he explained that a main goal for UniCredit will be to assert its leadership in corporate banking, to develop innovations in building its network and to rely on the development of digital technologies. “UniCredit becomes stronger and stronger, and is ready to have a key role in supporting families and companies in its countries of operation”, Ghizzoni says.

Along with announcing UniCredit’s business development plans for the next five years, Ghizzoni commented before analysts on the announced annual financial results of the Group.

The announced negative financial result of EUR 14 billion is due to the completion of the process of reinforcement of the group’s capital positions through allocation of a higher level of loan loss provisions (over 50%) and write-off of a part of the goodwill, which is an entirely non-cash asset. Yet, the capital adequacy indicator - Core Tier 1 ratio remains very strong.

More information for clients:

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Phone: 0700 1 84 84

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UniCredit Bulbank, Identity & Communications Department

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Magdalena Ivanova, Phone: + 359 2 9232 528, nbhebmfob/jwbopwbAvojdsfejuhspvq/ch