Financial statements for twelve months ended 30 June 2018 approved

Price Sensitive

Financial statements for twelve months ended 30 June 2018 approved

Record results by revenues, GOP and net profit
driven by enhanced distribution and strong commercial push

Last 3M/4Q confirms Mediobanca’s outstanding resilience and ability to grow in any scenario

Shareholder remuneration significantly increased

Record business volumes, revenues and profits in FY 2017-18
Net New Money (NNM) totalling €5bn, TFAs up 7% to €64bn
New loans up 28% to €16bn, loan book up 8% to €41bn
Revenues up 10% to €2.4bn, with net interest income up 6% and fee income up 19%
GOP up 24% to €1,057m (achieving BP 2019 target one year early)
Net profit up 15% to €864m
ROTE at 10%

Strong business performance and further improvement in

capital solidity in last 3M/4Q, despite market turmoil
NNM up 4% Q.o.Q., to €1.5bn
AUM/AUA up 2% Q.o.Q., to €37.3bn
Loan book up 2% Q.o.Q., to €41bn – Deposits up 1% Q.o.Q., to €49bn
MB bonds worth €715m issued in July 2018, at lower cost of funding to bonds expiring
CET1 up 36bps Q.o.Q., to 14.2%
Asset quality improving further (gross NPLs down 1.5%, net NPLs down 2.7%)
Solid trends in revenues (€619m), GOP (€244m) and net profit (€182m)

Significant increase in shareholder remuneration
Proposed DPS €0.47 (up 27% vs €0.37 last year)
Payout ratio 48% (43%)
Treasury share buyback scheme approved for 3% of MB share capital

CSR (Corporate Social Responsibility) coverage strengthened
Directive on responsible investing approved
First consolidated non-financial reporting produced