Prospectus - Notowania

Real Estate subsequently transferred the majority of the holdings issued in relation to
said contribution to qualified investors identified by REAM. The majority of the
properties transferred to the funds have been leased to the Group under lease
agreements with a duration, according to the specific requirements of the Group, of 6,
12 or 18 years, renewable for a further 6 years, with characteristics which permit the
Group the necessary flexibility in the management of its sales network.
UniCredit Real Estate also made a contribution to an additional portfolio, comprising
179 properties used for business purposes, involving a total contribution value of
around €527 million, to the same Omicron Plus Fund, against which new units were
issued which it is envisaged will be placed with qualified investors identified by Fimit
within the first half of 2010. The properties contributed have all been leased to the
Group under lease agreements with a duration of 18 years, renewable for a further 6
years, with characteristics which permit the Group the necessary flexibility in the
management of its sales network.
For further details on these property transactions, see the First Section Chapter 22,
Paragraph 22.8.
On January 1, 2009 UniCredit Consumer Financing Bank S.p.A. (a company which
also received the “revolving payment cards” business segments of Bipop Carire,
UniCredit Banca di Roma and Banco di Sicilia) absorbed by merger UniCredit Banca
per la Casa subsequently changing its corporate name to UniCredit Family Financing
Bank, and then centralized the “salary-backed” loan activities previously seen to by its
subsidiary Fineco Prestiti S.p.A., intended for the management of its distribution
network.
In addition, again during the first few months of 2009, the project was implemented
for the concentration of the Group’s Italian and foreign ICT and back office activities
(launched as part of the integration with HVB), for the purpose of improving the coordination
and efficacy of the same to support the business as well as achieve further
economies of scale and purpose by means of the concentration of the afore-mentioned
activities of HVB and BA, respectively within UniCredit Global Information Services
S.p.A. and UniCredit Business Partner S.p.A.. For further information on the current
organizational structure of the Group, see the First Section, Chapter 7 of the
Prospectus.
In conclusion, in January 2009 within a market context characterized by high volatility
and uncertainty, UniCredit launched a capital increase under option for a total of
around €3 billion (the “2009 Capital Increase”), as part of a number of transactions
for enhancing the capital. This capital increase concerned 972,225,376 ordinary shares
offered at a subscription price of €3.083 for each ordinary share. The capital increase
was assisted by the guarantee of Mediobanca, which placed more or less all these
shares at the service of the issue of the CASHES and granted the same under usufruct
to UniCredit. For further information, see the First Section, Chapters 18 and 22 of the
Prospectus.
5.2. Main investments
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