07 January 2026

price sensitive

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO OR TO ANY PERSON LOCATED AND RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT

Trieste – Generali placed today a new Euro denominated Tier 2 bond due in January 2036 (the “Notes”), targeting institutional investors for an overall amount of €650 million. The Notes will be issued under Generali’s €15,000,000,000 Euro Medium Term Note Programme.

During the book building process, the Notes attracted an order book in excess of €2.6 billion, more than 4 times the size of the new issue, from around 135 highly diversified institutional international investors, confirming the Group’s strong reputation on the markets.