9M 2013 Results

Net income: 301.2 million euro
Assets under administration: 55.3 billion euro
Interim dividend: 10 eurocents per share
Procedures disciplining transactions with related parties updated

The Board of Directors of Mediolanum S.p.A. met today in Basiglio (MI) and approved the Consolidated Interim Financial Statements as at September 30, 2013, as well as the Separate Financial Statements for Mediolanum S.p.A. as at the same date, and based on the latter, resolved to distribute an interim dividend of 10 eurocents per share before any withholding tax. The dividend will be payable November 21, 2013 (ex-dividend date November 18, 2013; coupon No. 27)¹.

The CONSOLIDATED GROUP RESULTS for the first nine months of the year confirm the quality of the business: management fees, which are the most important of the recurring revenues, show a steady increase thanks to the strong net inflows into mutual funds, and amply compensate for the decrease in net interest income.


As proof of the aforementioned:

• Group Net Income for the first nine months was at 301.2 million euro, 3% higher than the same period last year;
• Net Income for the domestic market came to 284.5 million euro, +2% with respect to the same period last year;
• Total Assets under Administration went up to 55,290 million euro, an increase of 9% with respect to September 30, 2012, and 7% since the beginning of the year.

In greater detail, with reference to Banca Mediolanum:

• Total Net Inflows were positive at 1,770 million euro. Net inflows into mutual funds were particularly noteworthy, reaching 3,482 million euro, an all-time record;
• The number of Financial Advisors as at September 30, 2013 totalled 4,392;
• There was a total of 1,025,780 Customers as at September 30, 2013;
• The number of Current accounts and Deposit accounts came to almost 713,000 as at September 30, 2013, with an increase of 3% with respect to the same date last year, and 1% since the beginning of the year.

Highlights in particular with respect to Banca Esperia:

• Net Income was at 1.1 million euro (0.5 million euro for Mediolanum’s share), compared to 9.8 million euro for the same period in 2012;
• Assets under Administration totalled 15,013 million euro (7,507 million euro for Mediolanum’s share), an increase of 10% with respect to September 30, 2012, and 9% since the beginning of the year.

With reference to the FOREIGN MARKETS:

• Net Income came in at 16.7 million euro, posting an increase of 46% compared to the first nine months of 2012;
• Assets under Administration totalled 2,661 million euro, a growth of 25% with respect to September 30, 2012 and 19% since the beginning of the year.

In an effort to provide more complete disclosure about the results as at September 30, 2013, we have attached the segment report detailing income statement data, reclassified to reflect the criteria used by the Mediolanum Group.

The Officer responsible for preparing Mediolanum S.p.A accounting documents, Luigi Del Fabbro, declares that, in compliance with the requirements of the second paragraph of section 154 bis of the Consolidated Finance Act, the financial information contained herein reflects the accounting entries, records and books.

A presentation in English of the financial information contained herein will be available on the website of the Italian Stock Exchange and on the website www.mediolanum.com under Investor Relations > Financial Data > Presentations. The Group and Separate Interim Financial Statements for Mediolanum S.p.A. as at September 30, 2013 will be available according to the terms set by law at the company’s Registered Office in Basiglio - Milano 3, Palazzo Meucci - Via F. Sforza, on the website www.mediolanum.com and on the website of The Italian Stock Exchange.

The board, following the unanimous favourable opinion of the committee composed of the three independent directors, also unanimously approved the update of the procedures adopted pursuant to the CONSOB Deliberation n. 17221 of March 12, 2010, which discipline transactions with related parties; such update aims at refining the method of calculation of the threshold beyond which the transaction should be considered as having major relevance, said procedures will be made available on the website www.mediolanum.com.

Attachments:

• Consolidated Balance Sheet as at September 30, 2013
• Reclassified Income Statement as at September 30, 2013
• Segment Report as at September 30, 2013

¹ Pursuant to Art. ‘83-terdecies’ of Leg. Decree no. 58 of February 24, 1998 (TUF) the legitimacy of the interim dividend payment is determined by the account information registered by the intermediary referenced in Art. ‘83-quater’ TUF as at the end of the “record date” November 20, 2013.

Basiglio - Milano 3 City, November 12, 2013

Contacts: Media Relations Rosamaria Salatino Tel +39 02 9049 2027 Fax +39 02 9049 2345 e-mail: gmmedia@mediolanum.it

Investor Relations Alessandra Lanzone Tel +39 02 9049 2039 e-mail: investor.relations@mediolanum.it

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