Corporate actions
to be announced

Commerzbank AG: Share Takeover (updated 09 June 2026)

Update as of 09 June 2026

In announcements as of 02 June and 09 June 2026, Unicredit SpA provided updates on the acceptance of the voluntary and public offer to the Commerzbank shareholders so far.

Further to these announcements, this Corporate Action Information is to clarify on the following matters:

  1. Pursuant to the contract specifications, the Commerzbank-related derivatives contracts are to be adjusted, if more than 50 per cent of the shares underlying the derivatives contracts or more than 50 per cent of the voting rights in Commerzbank AG are held by or are attributable to Unicredit SpA as the bidder (“Controlling Shareholder”). The adjustment to the affected contracts is to be processed as soon as Unicredit SpA declares that the offer will be settled.
  2. A possible re-designation of the affected contracts to the tendered line would only be implemented after the (initial) acceptance period lapsed. Any possible re-designation is based on the offer-result that Unicredit SpA is to publish. As per offer document, the acceptance period expires on 16 June 2026, the offer result is to be published on 19 June 2026.
  3. Given the timetable communicated by Unicredit SpA and pursuant to the contract specifications, early exercising of the affected options contracts will be suspended from (including) 16 June 2026 until (including) 19 June 2026. Positions in contracts that are due to expire on 19 June 2026 can be exercised on that day. On 19 June 2026, early exercising of positions in later expiring contracts would be possible, if the offer result were to be announced clearly before the end of the closing auctions in Commerzbank shares and the Commerzbank tendered line at the reference market. On 19 June 2026, a corporate action update will follow and lay out next steps, including a possible re-designation of the affected contracts to the tendered line.


13 May 2026

The company UniCredit announced in a joint press release on 5 May 2026 its proposal to acquire Commerzbank via a takeover offer to the shareholders of Commerzbank at a ratio of 0.485 UniCredit shares per each Commerzbank share.

More information about this transaction is available on the companies` websites.

This information describes the potential effects this transaction will have on the above-mentioned contracts.

 

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