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Form of Proxy

UNICREDIT SPA

Notes

No. Proposition For Against Abstain
1

APPROVAL OF THE 2025 FINANCIAL STATEMENTS

2

ALLOCATION OF THE NET PROFIT OF THE YEAR 2025

3

ELIMINATION OF NEGATIVE RESERVES FOR THE COMPONENTS NOT SUBJECT TO CHANGE BY MEANS OF THEIR DEFINITIVE COVERAGE

4

AUTHORISATION TO PURCHASE TREASURY SHARES AIMED AT REMUNERATING THE SHAREHOLDERS

5

2026 GROUP REMUNERATION POLICY

6

REMUNERATION REPORT

7

2026 GROUP INCENTIVE SYSTEM

8

DELEGATION TO THE BOARD OF DIRECTORS TO CARRY OUT A FREE CAPITAL INCREASE BY A MAXIMUM OF 247 UNICREDIT ORDINARY SHARES TO SERVICE THE 2020 GROUP INCENTIVE SYSTEM AND CONSEQUENT INTEGRATION OF CLAUSE 6 OF THE ARTICLES OF ASSOCIATION

9

DELEGATION TO THE BOARD OF DIRECTORS TO CARRY OUT A FREE CAPITAL INCREASE BY A MAXIMUM OF 650,000 UNICREDIT ORDINARY SHARES TO SERVICE THE 2021 GROUP INCENTIVE SYSTEM AND OTHER FORMS OF VARIABLE COMPENSATION AND CONSEQUENT INTEGRATION OF CLAUSE 6 OF THE ARTICLES OF ASSOCIATION

10

DELEGATION TO THE BOARD OF DIRECTORS TO CARRY OUT A FREE CAPITAL INCREASE BY A MAXIMUM OF 1,750,000 UNICREDIT ORDINARY SHARES TO SERVICE THE 2022 GROUP INCENTIVE SYSTEM AND OTHER FORMS OF VARIABLE COMPENSATION AND CONSEQUENT INTEGRATION OF CLAUSE 6 OF THE ARTICLES OF ASSOCIATION

11

DELEGATION TO THE BOARD OF DIRECTORS TO CARRY OUT A FREE CAPITAL INCREASE BY A MAXIMUM OF 750,000 UNICREDIT ORDINARY SHARES TO SERVICE THE 2023 GROUP INCENTIVE SYSTEM AND OTHER FORMS OF VARIABLE COMPENSATION AND CONSEQUENT INTEGRATION OF CLAUSE 6 OF THE ARTICLES OF ASSOCIATION

12

DELEGATION TO THE BOARD OF DIRECTORS TO CARRY OUT A FREE CAPITAL INCREASE BY A MAXIMUM OF 450,000 UNICREDIT ORDINARY SHARES TO SERVICE THE 2024 GROUP INCENTIVE SYSTEM AND OTHER FORMS OF VARIABLE COMPENSATION AND CONSEQUENT INTEGRATION OF CLAUSE 6 OF THE ARTICLES OF ASSOCIATION

13

DELEGATION TO THE BOARD OF DIRECTORS TO CARRY OUT A FREE CAPITAL INCREASE BY A MAXIMUM OF 1,650,000 UNICREDIT ORDINARY SHARES TO SERVICE THE 2025 GROUP INCENTIVE SYSTEM AND ANY OTHER FORMS OF REMUNERATION AND CONSEQUENT INTEGRATION OF CLAUSE 6 OF THE ARTICLES OF ASSOCIATION

14

DELEGATION TO THE BOARD OF DIRECTORS TO CARRY OUT A FREE CAPITAL INCREASE BY A MAXIMUM OF 550,000 UNICREDIT ORDINARY SHARES TO SERVICE THE 2020-2023 LTI PLAN AND CONSEQUENT INTEGRATION OF CLAUSE 6 OF THE ARTICLES OF ASSOCIATION

15

CANCELLATION OF TREASURY SHARES WITH NO REDUCTION OF SHARE CAPITAL; CONSEQUENT AMENDMENT OF CLAUSE 5 OF THE ARTICLES OF ASSOCIATION