Point out with respect the appeal filed by Unipol Gruppo Finanziario S.p.A. against the AGCM

With respect to the news reported in the press concerning the appeal filed by Unipol Gruppo Finanziario S.p.A. against the ruling by which the Italian Competition Authority (AGCM) authorised the acquisition of the Premafin-Fondiaria Sai Group, we would point out that this appeal is aimed solely at reevaluating some measures laid down by the AGCM and considered, in the Company’s opinion, to be overly oppressive as regards the obligations undertaken by the Unipol Group in respect of the Authority.

In this connection, contrary to today’s reports by some of the press, we would like to make it clear that the practical work on implementing the process of disposing of the insurance assets and financial shareholdings, as provided for in the AGCM ruling, is ongoing and will continue without interruption.

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