11/11/2016 - h. 14.55 - UBI Banca: presentazione risultati consolidati al 30 Settembre 2016 (in inglese)

The UBI Banca Group Consolidated Results as at 30th September 2016 11th November 2016

This document has been prepared by Unione di Banche Italiane Spa ("UBI") for informational purposes only and for use in the presentation of November 2016. It is not permitted to publish, transmit or otherwise reproduce this document, in whole or in part, in any format, to any third party without the express written consent of UBI and it is not permitted to alter, manipulate, obscure or take out of context any information set out in the document.

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Methodology

The "notes on the reclassified financial statements" contained in the periodic financial reports of the Group may be consulted for a fuller comprehension of the rules followed in preparing the reclassified financial statements.

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Focus on AUM and Bancassurance confirmed, significant growth and market share gain recorded

Clean up of EVA negative credit positions under way, to sustain ongoing profitability and with a positive impact on CET1

Ongoing reduction and re-composition of the proprietary securities portfolio

 Tests for the first IT migrations completed, further Single Bank costs booked in 3Q16 (€ 4.5 million net)

Improving credit quality confirmed, with lower stocks, lower inflows and higher coverage

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• CET1 up compared to June 2016, including dividend accrual. Solid Liquidity and Leverage ratios

• 3Q16 profit to €32.5 million including the absorption of a higher contribution to DGS by €10 million net, comparing favourably with €37.6 million recorded in 3Q15. The Group has still not booked the benefit from TLTRO2

• New inflows from performing to non performing comparable to pre-crisis levels.

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