Unipol Gruppo S p A : 1H23 Consolidated Results Presentation - Unipol and UnipolSai

1H23 Consolidated Results

Bologna - 11 August 2023

DISCLAIMER

This document has been prepared by Unipol Gruppo S.p.A. and by UnipolSai Assicurazioni S.p.A. solely for information purposes in the context of the presentation of its 1H23 results.

Luca Zaccherini, Senior Executive responsible for drawing up the corporate accounts of Unipol Gruppo S.p.A. and UnipolSai Assicurazioni S.p.A., declares, in accordance with Article 154-bis, para 2, of the 'Consolidated Finance Act', that the accounting information reported in this document corresponds to the document contents, books and accounting records.

The content of this document does not constitute a recommendation in relation to any financial instruments issued by the companies or by other companies of the Group, nor it constitutes or forms part of any offer or invitation to sell, or any solicitation to purchase any financial instruments issued by the companies or by other companies of the Group, nor it may be relied upon for any investment decision by its addressees.

Numbers in the document may not add up only due to roundings.

Unless otherwise specified, all figures reported in this presentation refer to the Unipol Group and are based on in force IFRS.

AGENDA

1	2
1H23	Appendix
Consolidated Results

3

AGENDA

1	2
1H23	Appendix
Consolidated Results

4

1H23 CONSOLIDATED RESULTS > RESULTS BY SECTOR

RESULTS BY SECTOR

€m	1H22 rep.	1H22 norm.	1H22	1H23
IFRS4/IAS 39	IFRS4/IAS 39	IFRS17/9	IFRS17/9
Pre-tax result
868	589	525	697
Non-Life	627	516	363	501
Life	145	145	63	143
Other	96	-72	99	53
Net result	684	405	433	517
Group net result	575	312	364	416

1H22 normalized figures excluded the badwill accounted by Unipol in relation to the increase of its stake in BPER and by the accounting effect recognized by BPER from the acquisition of 80% of Banca Carige.

Unipol 1H23 results include 113€m corresponding to the consolidation of BPER Banca using the equity method, as calculated net of the expected impact of the windfall tax on banks introduced by the Government's Decree approved on 7 August 2023.

€m	1H22	1H22	1H23
IFRS4/IAS39	IFRS17/9	IFRS17/9
Pre-tax result
618	279	614
Non-Life	505	239	462
Life	147	65	145
Other	-33	-25	7
Net result	422	176	431
Group net result	401	160	406

5