UCG Press Release

UniCredit informs that it holds an equity stake of circa 4.1% in the share capital of Generali
acquired through market purchases over time. The stake is a pure financial investment of the bank that significantly exceeds its return metrics and has a negligible impact on CET1. An additional circa 0.6% is held as part of ordinary services for clients and related hedge. UniCredit has no strategic interest in Generali and remains fully focused on the continued execution of UniCredit Unlocked, the tender offer on Banco BPM and the investment in Commerzbank. Milan, 2 February 2025 Contacts: Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu