UBI Banca Group

More specifically, in the fourth quarter of the year, during which the crisis of confidence
in the country reached its peak, the trends in progress seemed to be confirmed with
total ordinary revenues of €904 million and operating expenses (normalised) of €609
million. The effectiveness of the constant action taken to contain current spending is
also confirmed by average quarterly figures (normalised), which fell progressively from
€618 million in 2009, to €608 million in 2010 and €603 million in 2011.
In consideration of the Group’s sound capital structure and as a sign of appreciation for
the support that our registered and unregistered shareholders continue to show the UBI
Banca Group, the Management Board will propose to shareholders the declaration of a
dividend of 0.05 euro per share on the 900,546,759 ordinary shares outstanding. This
dividend, if approved in the amount proposed, will be paid on 21 st May 2012 with value
date 24 th May 2012. The total dividend payment will amount to €45 million and will be
drawn from extraordinary reserves.
At the end of a year which was one of the most complex in our history, we feel obliged
to convey our sincerest and warmest thanks to the personnel of the Group who have
worked so hard and to our registered and unregistered shareholders who have
supported us and the strategic policies of the Group. We also wish in particular to thank
all our customers for whom we have the greatest consideration and to whom we give
maximum attention in order to provide them with the highest quality of service.
The Chairman
of the Management Board
Emilio Zanetti
The Chairman
of the Supervisory Board
Corrado Faissola
April 2012
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