UniCredit communicates that the Bank of Italy, following its review, did not find any obstacles to the inclusion in UniCredit’s Core Tier 1 ratio of the shares that will be issued as a result of the capital increase currently under way. The same applies to the portion of shares that may be left unsubscribed, which Mediobanca has undertaken to subscribe, and which form the underlying for the issuance program of equity linked instruments (CASHES).