CONTACTS:

www.bancagenerali.com

Media Relations

Michele Seghizzi Tel. +39 02 6076 5683

Michele.seghizzi@bancagenerali.it

Investor Relations

Giuliana Pagliari Tel: +39 02 6076 5548giuliana.pagliari@bancagenerali.it

2017 net inflows at €6.87 billion (December: €634 million)

Net inflows of managed products at €6.0 billion (December: €407 million)

Milan, 8 January 2018 - In 2017 Banca Generali recorded the best ever net inflows result, with a 21% YoY growth to €6.87 billion. December was one of the most dynamic months of the year, with €634 million net inflows.

Net inflows of managed products grew sharply by 50% to €6.0 billion, including €407 million

recorded in December 2017. The innovative financial and insurance 'wrapper' products were very successful also in December, as in the rest of the year: net inflows amounted to €289 million, bringing the 12-month total to €4.4 billion and accounting for 74% of overall net inflows of managed products.

Funds and Sicavs enjoyed another positive month, attracting inflows of €174 million, for a total of more than €1.9 billion for the year.

Chief Executive Officer Gian Maria Mossa stated: "The bank reported a very satisfactory result in terms of both the quantity and quality of net inflows. We considerably improved on the record net inflows achieved in 2016, driven by our main strength: custom advisory services that include asset management solutions to protect and tend to our customers' wealth. Our innovative wrapper products and the versatility of our platform - open to the world's top asset managers - enable us to continue to introduce households to the opportunities provided by bespoke private banking services. Our constant dedication to honing our professionals' skills and developing the tools at their disposal makes us confident in our ability to best face the new challenges posed by the industry in 2018."

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CONTACTS:

www.bancagenerali.com

Media Relations

Michele Seghizzi Tel. +39 02 6076 5683

Michele.seghizzi@bancagenerali.it

Investor Relations

Giuliana Pagliari Tel: +39 02 6076 5548giuliana.pagliari@bancagenerali.it

NET INFLOWS AND LIFE NEW BUSINESS IN DECEMBER 2017

Managed Assets

Non Managed Assets

Total

Mutual Funds

Managed Portfolio

Mutual Funds and Managed Portfolio

Life Insurance

Dec 2017

Nov 2017

Abs. Chg

174

211

-37

79

176

-97

253

387

-134

154

111

43

140

85

55

407

498

-91

227

22

205

of which: Securities

50

-62

112

634

520

114

Jan-Dec 2017

Jan-Dec 2016

Abs. Chg

1,906

198

1,708

2,289

1,020

1,269

4,195

1,218

2,977

1,770

2,749

-979

of which BG STILE LIBERO

1,546

1,285

261

5,965

3,967

1,998

901

1,710

-809

216

-1

217

6,866

5,677

1,189

Dec 2017

Nov 2017

Abs. Chg

206

286

-80

Jan-Dec 2017

Jan-Dec 2016

Abs. Chg

3,024

3,788

-764

Mutual Funds

Managed Portfolio

Mutual Funds and Managed Portfolio

Life Insurance

Million of Euros

of which BG STILE LIBERO

Managed Assets

Non Managed Assets of which: Securities

TotalLife New BusinessLife New BusinessLife New Business

The Manager responsible for preparing the company's financial reports (Tommaso Di Russo) declares, pursuant to Paragraph 2 of Art. 154-bis of the Italian Consolidated Law on Finance, that the accounting information contained in this press release corresponds to the documentary results, books and accounting records. Tommaso Di Russo (CFO of Banca Generali)

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Banca Generali S.p.A. published this content on 08 January 2018 and is solely responsible for the information contained herein.
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