UniCredit in Central & Eastern Europe

UniCreditis my Partner in CEE.

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UniCredit is my Partner in CEE

Close to your business in CEEUniCredit counts on the combination of a solid franchise in Central Eastern Europe (CEE) - the largest and most diversified in the Region - with strong local coverage and relationship management.At the same time, it leverages global product lines, “best-in-class” services and know-how to fully serve its customers.

The Group’s market position in CEE provides local banks with substantial competitive advantages, such as strong brand recognition, access to international markets, sharing of best practices and significant economies of scale.

UniCredit develops service models and distribution channels, products and services for Corporate, Financial Institutions, Retail and Private customers, seeking and maximizing cross-country synergies in order to better serve them.

As at 31 December, 2017.In accordance with IFRS 5 principle Pioneer Global Asset Management S.p.A. and its subsidiaries have been classified as “discontinued operations”, therefore: • Asset and Liabilities have been respectively presented in the items “Non-current assets as held for sales” and “Non-current liability as held for sale”; • The post-tax profit or loss has been disclosed in item “Profit/Loss for Discontinued Operations”; • The previous periods have been coherently restated. The item “Profit/Loss for Discontinued Operations” includes also the post-tax profit (or loss) of Bank Pekao S.A. and its subsidiaries till the complete disposal of the shareholding held by UGC.1 All data as of December 31, 2017.

Group figures1

OPERATING INCOME € 19,619 mlnNET OPERATING PROFIT € 5,664 mlnCUSTOMERS LOANS (excl. Repos) € 421,846 mlnCUSTOMER DEPOSITS (excl. Repos) € 413,791 mln

Revenues by Business Lines (%)

36

38

13

20

20

46

24

20

10Commercial Banking Italy

CEE Division

CIB

Commercial Banking Germany

Commercial Banking Austria

Asset Gathering

Italy

Germany

CEE

Austria

Revenues by Region (%)

CEE Division figures1

OPERATING INCOME € 4,188 mlnNET OPERATING PROFIT € 2,071 mlnCUSTOMERS LOANS (excl. Repos and IC) € 60,042 mlnCUSTOMER DEPOSITS (excl. Repos and IC) € 62,406 mln

We are a simple successful Pan European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to our extensive client franchise: 25 million clients.

We offer local expertise as well as international reach. We accompany and support our 25 million clients globally, providing them with unparalleled access to our leading banks in 14 core markets as well as in other 18 countries worldwide.

Our European banking network includes Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia, Slovenia and Turkey.

Our strategic position in Western, Central and Eastern Europe enables us to command one of highest market shares in the region.

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Running a cross-border business, as if you were at homeUniCredit International Centers provide customers with experienced Relationship Managers who specialize in cross-border business, speak multiple languages and have deep local market knowledge.

These structures offer to all potential investors a single point of entry for their international activity, providing them with 360° support banking.Whether it’s a simple cross-border current account opening or more complex structured financial solution, UniCredit International Centers guarantee outstanding service that further supports customers’ business, such as identifying commercial partners, providing advisory facilities, fiscal and legal support and coverage of the whole credit process for the clients.

1 Market share and rankings in terms of total assets as of 1H 2017.2 Data as of 2Q 2017.3 Data as of 3Q 2017.

Generating value for the customersIn this era of unprecedented change, customers are looking for companies they can trust and that can play a tangible positive role in their everyday lives. At UniCredit we have developed one simple efficient Pan European banking model focused on delivering concrete and meaningful solutions to the genuine needs and wants of today’s customers .

With a clear understanding of the difficulties that come with managing an international business, UniCredit offers customers deep knowledge of CEE markets. At the same time, it supports customers in running their businesses and finding new opportunities in a manner that takes into account the Region’s varied commercial and political contexts.

#1 Commercial Bank in CEE1

Leadership position in a market with Total Assets of EUR 2,700 bn2

#1 in CEE, top 5 rankedin most of CEE countries3

Mainly present in EU countries(55% of CEE assets)

Well diversified ensuring resilient performance throughout the cycle

Russia

Czech Republic

Germany

Italy

Slovenia

Austria

Hungary

Slovakia

Croatia

Bosnia andHerzegovina Serbia

Bulgaria

Turkey

Romania

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Supporting the growth of SMEs through the ELITE ProgramUniCredit strongly believes in the potential of ambitious small and medium-sized enterprises in Central and Eastern Europe.

With that potential in mind, UniCredit cooperates with the London Stock Exchange Group with the aim to be the key banking partner in supporting the development of SMEs through ELITE1 UniCredit CEE Lounge, an innovative platform that enables excellent private enterprises in Europe to accelerate their growth.

ELITE accelerates long-term growth by offering access to a range of funding options, to a dedicated training program and a diverse network.

Companies that can make a difference in tomorrow’s world are exposed to a wider range of funding options to support their growth and also benefit from the opportunity to learn how to bring growing businesses together, share best practices and identify mutual business opportunities.

1 ELITE is London Stock Exchange Group’s international business support and capital raising program for ambitious and fast growing companies.

Seizing new opportunities Getting access to EU FundsUniCredit has a large and long lasting expertise in handling state and EU supported programs in Italy, Germany, Austria and CEE region.

The Group runs European Competence Centers or other dedicated units in Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia and Slovenia.These structures support the sales network in advising clients on the EU programs and structuring and developing tailor-made products dedicated to grants, financial instruments and agricultural subsidies, such as: • Special Current Account for grants projects • Investment Loan for grants projects • Bridge Loan for grants projects • Investment loan with EU Funds guarantee • Working capital line with EU Funds guarantee • Pre-financing facilities for agribusiness

Excellent cooperation with European Financial Institutions (e.g. EIB, EIF and EBRD).UniCredit and European Investment Fund (EIF) have signed an InnovFin SME guarantee agreement to enhance access to finance for innovative small and medium-sized enterprises (SMEs) and mid-caps in eight countries. This Umbrella Facility allows UniCredit to offer, via its banks, financing worth EUR 500 million to innovative companies.

The Digital transformation as a key business factorCEE countries represent an ideal environment to push for digital banking, thanks to the already relative high degree of overall digitalization there.

UniCredit offers a multichannel client approach, leveraging on all interaction points, improves productivity and customer service while also lowering the cost base. Digitalisation of processes enhance customers’ experience, the quality of advisory services, and improve remote sales, increasing the number of products available through the digital platforms and the number of contacts with clients.

Furthermore, integrating advanced analytics ensure customers’ needs are met and help anticipate the overall industry changes today and in the future.

UniCredit International Centers Networkin Central & Eastern Europe

CEE Corporate and Investment Banking & Private BankingAndrea Diamanti UniCreditPhone: +43 50505 51144 E-mail: cee_cib@unicredit.eu

Bosnia and Herzegovina UniCredit Bank a.d. Banja Luka Boris DragićPhone: +387 51 243 320E-mail: boris.dragic@unicreditgroup.ba

Bosnia and HerzegovinaUniCredit Bank d.d.Berna HadžimujagićPhone: +387 33 491 990E-mail: berna.hadzimujagic@unicreditgroup.ba

Bulgaria UniCredit Bulbank AD Emiliano SteinflPhone: +359 2 9309 719 E-mail: emiliano.steinfl@unicreditgroup.bg

Croatia Zagrebačka banka d.d. Paolo Garlanda Phone: +385 1 6305 320 E-mail: paolo.garlanda@unicreditgroup.zaba.hr

Czech Republic & SlovakiaUniCredit Bank Czech Republic and Slovakia a.s Guido Filippi E-mail: guido.filippi@unicreditgroup.cz

Hungary UniCredit Bank Hungary Zrt. Raluca Popescu-Goglea Phone: +36 1 301 1207 E-mail: raluca.popescu@unicreditgroup.hu

Romania UniCredit Bank S.A. Andrea D’Alessandro Phone: +40 21 200 16 16 E-mail: andrea.dalessandro@unicredit.ro

Russia AO UniCredit Bank Fabrizio RolloPhone: +7 (495) 723 7126E-mail: fabrizio.rollo@unicredit.ru

SerbiaUniCredit Bank Serbia JSC Luciano Bellan Phone: +381 11 3028 645 E-mail: luciano.bellan@unicreditgroup.rs

Slovenia UniCredit Banka Slovenija d.d. Nataša Markov Phone: +386 1 5876 874 E-mail: natasa.markov@unicreditgroup.si

Turkey Yapi ve Kredi Bankasi A. S. Fabio BiniTel: +90 212 339 7988 E-mail: fabio.bini@yapikredi.com.tr

This brochure is based on information obtained from public sources that we consider to be reliable, but for the completeness and accuracy of which we assume no liability or responsibility. The figures can also be subject to changes and updates without notice. This document serves informational purposes only (i) does not constitute or form part of any offer for sale or subscription of or solicitation of any offer to buy or subscribe any fnancial, money market or investment instrument or any security, (ii) is neither intended as such an offer or solicitation for any such instrument or any security nor (iii) as an advertisement thereof.

www.unicredit.eu

International Center CEERoberto PoliakUniCreditPhone: +43 50505 51030E-mail: roberto.poliak2@unicredit.eu