| Changes in total number of outstanding shares |
| | No. of outstanding shares |
| Unitary nominal value (€) |
| | |
| 23/10/2017 | 1,144,285,146 | no par value | 2,843,177,160.24 | merger of Carilo |
| 07/07/2017 | 1,144,244,506 | no par value | 2,843,075,560.24 | share capital increase |
| 28/02/2017 | 977,237,794 | no par value | 2,443,094,485.00 | application of rounding procedure |
| 20/02/2017 | 977,236,862 | no par value | 2,443,092,155.00 | merger of BPB, BBS, BVC, BPA, Carime into UBI Banca |
| 30/11/2016 | 976,300,395 | no par value | 2,440,750,987.50 | application of rounding procedure |
| 21/11/2016 | 976,300,011 | no par value | 2,440,750,027.50 | merger of BRE and BPCI into UBI Banca |
| 22/07/2013 | 901,748,572 | 2.5 | 2,254,371,430.00 | convertible bond exercises |
| 27/07/2012 | 901,747,005 | 2.5 | 2,254,367,512.50 | convertible bond exercises |
| 22/07/2011 | 901,746,759 | 2.5 | 2,254,366,897.50 | share capital increase,
convertible bond and warrant exercises |
| 03/06/2011 | 639,146,266 | 2.5 | 1,597,865,665.00 | convertible bond exercise |
| 03/03/2011 | 639,146,170 | 2.5 | 1,597,865,425.00 | convertible bond exercise |
| 01/04/2007 | 639,145,902 | 2.5 | 1,597,864,755.00 | Merger between BPU Banca and Banca Lombarda |
| 17/11/2006 | 344,482,684 | 2.5 | 861,206,710.00 | stock options exercise |
| 06/10/2006 | 344,466,184 | 2.5 | 861,165,460.00 | stock options exercise |
| 03/10/2006 | 344,459,997 | 2.5 | 861,149,992.50 | stock options exercise |
| 29/09/2006 | 344,453,810 | 2.5 | 861,134,525.00 | stock options exercise |
| 22/09/2006 | 344,447,623 | 2.5 | 861,119,057.00 | stock options exercise |
| 21/09/2006 | 344,426,999 | 2.5 | 861,067,497.00 | stock options exercise |
| 12/06/2006 | 344,420,812 | 2.5 | 861,052,030.00 | stock options exercise |
| 29/05/2006 | 344,399,154 | 2.5 | 860,997,885.00 | stock options exercise |
| 19/05/2005 | 343,678,439 | 2.5 | 859,196,098.00 | stock options exercise |
| 17/05/2005 | 342,720,522 | 2.5 | 856,801,305.00 | stock options exercise |
| 04/05/2005 | 342,684,427 | 2.5 | 856,711,068.00 | stock options exercise |
| 12/04/2005 | 342,682,427 | 2.5 | 856,706,068.00 | stock options exercise |
| 25/02/2005 | 342,670,114 | 2.5 | 856,675,285.00 | stock options exercise |
| 21/02/2005 | 342,651,551 | 2.5 | 856,628,878.00 | stock options exercise |
| 16/02/2005 | 342,616,488 | 2.5 | 856,541,220.00 | stock options exercise |
| 02/02/2005 | 342,570,238 | 2.5 | 856,425,595.00 | stock options exercise |
| 27/01/2005 | 342,541,895 | 2.5 | 856,354,738.00 | stock options exercise |
| 24/01/2005 | 342,510,597 | 2.5 | 856,276,493.00 | stock options exercise |
| 23/12/2004 | 342,153,457 | 2.5 | 855,383,643.00 | stock options exercise |
| 30/11/2004 | 342,144,520 | 2.5 | 855,361,300.00 | convertible bonds exercise |
| 14/09/2004 | 336,883,395 | 2.5 | 842,208,488.00 | stock options exercise |
| 03/09/2004 | 336,879,395 | 2.5 | 892,198,488.00 | stock options exercise |
| 21/07/2004 | 336,869,082 | 2.5 | 842,172,705.00 | stock options exercise |
| 30/06/2004 | 336,858,769 | 2.5 | 842,146,923.00 | warrant/convertible bonds exercise |
| 16/06/2004 | 334,832,832 | 2.5 | 837,082,080.00 | stock options exercise |
| 31/05/2004 | 334,831,474 | 2.5 | 837,078,685.00 | convertible bonds and stock options exercise |
| 11/05/2004 | 334,079,764 | 2.5 | 835,199,410.00 | increase in shares nominal value |
| 30/04/2004 | 334,079,764 | 2 | 668,159,528.00 | warrant/convertible
bonds exercise |
| 31/03/2004 | 333,331,639 | 2 | 666,663,278.00 | warrant/convertible bonds exercise |
| 29/02/2004 | 322,012,755 | 2 | 644,025,510.00 | warrant/convertible bonds and stock option exercise |
| 31/01/2004 | 320,653,043 | 2 | 641,306,086.00 | warrant/convertible bonds exercise |
| 01/07/2003 | 318,775,785 | 2 | 637,551,570.00 | |
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