Annual General Meeting of Mediobanca Shareholders

At the Annual General Meeting held today, the shareholders of Mediobanca:

• Approved the 30 June 2018 and the distribution of a gross dividend of €0.47 per share in respect of each of the shares in issue granting such entitlement, payable as from 21 November 2018, with record date 20 November 2018, after coupon no. 35 has been detached on 19 November 2018;
• Appointed Maximo Ibarra and Vittorio Pignatti-Morano as Directors, co-opted at the Board meeting held on 20 September 2018, to remain in office throughout the mandate of the current Board of Directors, whose term of office is due to expire with the annual general meeting to be held to approve the financial statements for the financial year ending 30 June 2020;
• Approved the “Staff Remunerations Policies”, including the cap on variable and fixed remuneration based on a ratio of 2:1 and the criteria for establishing the compensation due in cases where beneficiaries leave office or cease to work for Mediobanca;
• Authorized, for a period of eighteen months, the buyback of treasury shares (nominal value €0.50 per share), up to a maximum of 3% of the share capital (or 26,611,288 shares, of which 8,714,833 already owned pursuant to a resolution adopted in 2007), and the authorization to sell said shares without time limits or restrictions.

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The minutes of the Annual General Meeting will be made available to the general public by 26 November 2018 at the company’s head offices and on the following websites: mediobanca.com, in the section entitled Corporate Governance/General Meetings 2018, and emarketstorage.com.

Milan, 27 October 2018