Mediobanca BoD - Financial statements for three months ended 30/9/21 approved

Outstanding start to FY 2021-22
with healthy, sustainable growth across all divisions

Quarterly revenues up 13% to €706m
with net interest income growing (€358m, up 4% QoQ, stable YoY)
and record fees of €203m (up 17% QoQ, up 7% YoY)

Strong growth in WM, with TFAs over €75bn (up 5% QoQ, up 17% YoY)

Robust client activity in CIB

Consumer Banking bouncing back quickly

Cost of risk declining further to 51 bps,
on strong growth in assets, with overlays set aside during the pandemic still fully intact

Net profit up 31%¹ to €262m

ROTE 11%, with CET1 of 16.1%

MB Group ESG profile and commitment continuing to improve