Milan, 25 June 2019 – Banca Generali announces that the implementation of the plan for the buyback of treasury shares in service of the Remuneration and Incentivisation Policies, authorised by the General Shareholders’ Meeting held on 18 April 2019 (as also announced pursuant to Article 144-bis of Consob's Rules for Issuers adopted with Resolution No. 11971/1999), has begun. Banca Generali announces that, as part of the aforementioned authorisation approved by the Shareholders’ Meeting, it has bought 14.616 treasury shares at the average price of € 25.5451 per share, for a total amount of about € 373,367 thousand.

Following the purchases made to date, Banca Generali S.p.A. holds a total of 14.616 treasury shares, equal to 0.0125% of its share capital.