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PRESS RELEASE CONTACTS : www.bancagenerali.com Media Relations Michele Seghizzi Tel . +39 02 40826683 Michele.seghizzi@bancagenerali.it Investor Relations Giuliana Pagliari Tel : +39 02 40826548 giuliana.pagliari@bancagenerali.it BANCA GENERALI Results at 30 September 2021 Record high net profit for the period , driven by business expansion and operations scalability Net profit : € 270.9 million ( + 38 % ) Recurring net profit¹ : € 132.0 million ( + 18 % ) - Total revenues : € 612.9 million ( + 37 % ) - ' Core ' operating costs² : € 153.4 million ( + 4.6 % ) Total assets and net inflows grew Total assets : € 82.1 billion ( + 17 % ) - Assets under Advisory : € 6.9 billion ( + 29 % ) Nine - month net inflows : € 5.5 billion ( + 34 % ) Net inflows at the end of October : € 6.0 billion ( + 29 % ) Payment of the first tranche of the 2019 2020 dividends approved First dividend of € 2.7 per share with ex date 22 November 2021 Capital solidity confirmed with CET1 ratio at 15.2 % and TCR at 16.4 % Milan , 4 November 2021 The Board of Directors of Banca Generali approved today the consolidated results at 30 September 2021 . 1 Net of performance fees and income ( losses ) from trading , M & As , Covid - 19 - related costs and other one - off items . 2 Operating costs net of sales personnel costs and other one - offs . It should also be noted that the mandatory contributions paid by the Bank , pursuant to the DSGD and BRRD for the protection of the banking system ( contributions to the Italian Interbank Deposit Protection Fund , European Single Resolution Fund and the Italian National Resolution Fund for previous interventions ) have been reclassified to a dedicated heading below operating result . GENEHALL 1/11