Unipol Gruppo S p A : Corporate›FinancialLaunch of the treasury share purchase programmes to serve the compensation plans based on financial instruments approved by Unipol Gruppo and certain subsidiaries

LAUNCH OF THE TREASURY SHARE PURCHASE PROGRAMMES TO SERVE THE COMPENSATION PLANS BASED ON FINANCIAL INSTRUMENTS APPROVED BY UNIPOL GRUPPO AND CERTAIN SUBSIDIARIES

Bologna, 13 April 2021

In accordance with article 144-bis of CONSOB Issuers' Regulation, article 5 of Regulation (EU) No. 596/2014 and article 2 of Delegated Regulation (EU) 2016/1052, starting from today's date, the Unipol Gruppo S.p.A. ("Unipol") treasury share (the "Shares") purchase programmes (individually the "Programme" and together the "Programmes") will commence, by Unipol and the following directly or indirectly controlled companies: UnipolSai S.p.A. ("UnipolSai"), Pronto Assistance Servizi S.c.r.l. and Unipol Rental S.p.A. (together with UnipolSai the "Subsidiaries").

A maximum number of 2,695,000 Shares will be purchased (amounting to approximately 0.376% of the share capital of Unipol), as set out in more detail below, to serve the compensation plans based on performance share type financial instruments, approved by the respective Shareholders' Meetings for the years 2016-2018 (the "2016-2018Plan") and for the years 2019-2021 (the "2019- 2021 Plan") that provide for the assignment of Shares to the Managers of Unipol and said Subsidiaries in the current month of April and next May.

Unipol

The purpose of the Unipol Programme - based on the authorisation to purchase treasury shares issued in accordance with articles 2357 and 2357-ter of the Civil Code and other applicable laws and regulations by the Shareholders' Meeting of 30 April 2020 for a maximum period of 18 months and an expenditure limit of €300m - is to purchase a maximum number of 1,250,000 Shares.

Subsidiaries

The purpose of the Subsidiaries' Programmes - based on the Share purchase authorisations of the parent company issued starting from 29 April 2020 in accordance with article 2359-bis of the Civil Code and other applicable laws and regulations by the respective Shareholders' Meetings for a maximum period of 18 months and a total expenditure limit of €100,225,000 - is to purchase a total number of 1,445,000 Shares.

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All the purchases will be made through one or more transactions on the regulated market in accordance with the procedures established for those types of transactions in the market organisation and management regulations, for a maximum unit price calculated by reference to the official closing share price of the stock in the trading session prior to each individual transaction, with a mark-up of no higher than 15%.

The Share purchase transactions serving the Programmes will also be carried out in accordance with the provisions of articles 132 of the Consolidated Law on Finance, 144-bis, first paragraph, letter b) and paragraph 1-bis of the CONSOB Issuers' Regulation, and in accordance with the terms set out under articles 5 of Regulation (EU) 596/2014 and 3 of Delegated Regulation (EU) 2016/1052.

As of today's date, Unipol holds a total of 776,631 ordinary treasury shares (equal to approximately 0.108% of the share capital), of which 379,825 indirectly through the subsidiaries: UnipolSai Assicurazioni S.p.A. (236,496), Compagnia Assicuratrice Linear S.p.A. (14,743), Arca Vita S.p.A. (8,350), SIAT S.p.A. (48,356), UniSalute S.p.A. (36,893), UnipolSai Servizi Consortili S.c.r.l. (32,161), Alfaevolution Technology S.p.A. (1,736), Gruppo UNA S.p.A. (4,512) and Leithà S.r.l. (13,559).

Unipol Gruppo S.p.A.

Unipol is one of the biggest insurance groups in Europe and the leading company in Italy in the non-life insurance sector, (especially in the MV and health businesses), with total premiums of approximately €12.2bn, of which €7.9bn in non-Life and €4.3bn in life (2020 figures). Unipol adopts an integrated offer strategy and covers the entire range of insurance and financial products, operating primarily through the subsidiary UnipolSai Assicurazioni S.p.A. The Group is also active in direct MV insurance (Linear Assicurazioni), transport and aviation insurance (Siat), health insurance (UniSalute), supplementary pensions and also covers the bancassurance channel (Arca Vita, Arca Assicurazioni and Incontra). It also manages significant diversified assets in the debt collection (UnipolReC), real estate, hotel (Gruppo UNA), medical-healthcare and agricultural (Tenute del Cerro) sectors. Unipol Gruppo S.p.A. is listed on the Italian Stock Exchange.

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