Report on share buyback for the purposes of the Long Term Incentive Plan (LTIP) 2022-2024 as well as the group's incentive and remuneration plans under execution

REPORT ON SHARE BUYBACK FOR THE PURPOSES OF THE LONG TERM INCENTIVE PLAN (LTIP) 2022-2024 AS WELL AS OF ALL REMUNERATION AND INCENTIVE PLANS APPROVED BY THE SHAREHOLDERS’ MEETING AND STILL UNDER EXECUTION, IMPLEMENTING THE RESOLUTION OF THE SHAREHOLDERS’ MEETING OF 29 APRIL 2022.

Trieste - Assicurazioni Generali S.p.A. (or the "Company") announces that it has purchased on the Euronext Milan market, organised and managed by Borsa Italiana S.p.A., during the period from 6 March 2023 to 10 March 2023, no. 711,340 treasury shares at a weighted average price per share equal to 18.67 euro, for an aggregate amount of 13,282,879.45 euro.

The purchase of treasury shares follows the announcement made on the 19 January 2023 concerning the start of the share buyback for the purposes of the Long Term Incentive Plan (LTIP) 2022-24 as well as the group's incentive and remuneration plans under execution, implementing the resolution of the Shareholders’ Meeting of 29 April 2022 and the announcement made in the press release of 29 April 2022.

On the basis of the information provided by the intermediary appointed to carry out the purchases, please find below a table that summarises, in a daily and aggregate form, the Company’s ordinary shares’ purchases transactions carried out by the same intermediary on the Euronext Milan market during the period indicated above.

Following these purchases, as of 10 March 2023 the Company and its subsidiaries owns no. 50,161,243 treasury shares, equal to 3.16% of its share capital.

As a result of the purchase transactions described above, the share buyback for the purposes of the Group Long Term Incentive Plan called “LTI Plan 2022-2024” as well as the Group’s incentive and remuneration plans under execution has been completed, since the resolution of the Shareholders' Meeting of 29 April 2022 authorizing the purchase of a maximum number of 10.5 million treasury shares has been fully implemented. The weighted average purchase price of the 10,500,000 million shares was 18.16 euro.

Please find also below the daily breakdown of purchases of Assicurazioni Generali ordinary shares (ISIN code IT0000062072) carried out during the period from 6 March 2023 to 10 March 2023.