FACT SHEET june 2015

Transcription

1 FACT SHEET

2 MEDIOBANCA BANKING GROUP SHAREHOLDERS COMPOSITION AND ROLE BUSINESS MODEL KEY MARKET DATA LOCATIONS

3 MEDIOBANCA BANKING GROUP MEDIOBANCA IS THE LEADING ITALIAN PLAYER IN CORPORATE & INVESTMENT BANKING, CONSUMER FINANCE AND ONLINE BANKING For over 60 years we have helped our clients grow, offering high-quality advisory services and providing finance in all its various forms, from more traditional bank credit to the most sophisticated solutions available on capital markets. Today Mediobanca is: the leading Italian investment bank, with operations in lending, advisory and capital market services and branches in Frankfurt, Istanbul, London, Madrid, Mexico City, Moscow, New York, and Paris a top player in consumer credit in Italy a prominent multi-channel retail bank with CheBanca!, set to become the leading digital Italian bank. KEY FINANCIAL INFORMATION 1 Revenues: 2.0bn Net profit: 590m ROE adj. 2 : 7% C/I ratio: 41% Total assets: 53bn Loan book: 33bn AUM 3 : 35bn No. of staff: 3,790 CETI B3 phased-in: 12.0% CETI B3 fully phased: 13.2% S&P rating: BBB- Fitch rating: BBB+ DPS: 0.25 Stated payout: 36% Loan/funding ratio: 77% Market cap. 4 : 8.5bn Revenues ( m) Net profit ( m) ROE adjusted % 6% 7% (176) June 13 June 14 June 15 June 13 June 14 June 15 June 13 June 14 June 15 1) Figures as at June-end (annual period) 2) Profit/losses from ATS disposals, impairments and positive one-off items excluded 3) Including Cairn Capital AUM 4) As at August

4 SHAREHOLDERS MEDIOBANCA HAS APPROIMATELY 60,000 SHAREHOLDERS SHARE CAPITAL the Bank s subscribed share capital totalled Euro 433,686, represented by 867,372,761 Euro 0.50 par value registered shares which entitle the shareholders to one vote for each share held. SHAREHOLDERS Mediobanca has approximately 60,000 shareholders. Certain shareholders representing 31% of the Bank s share capital have entered into an agreement aimed at preserving a stable shareholder base combined with a representative Board of s in order to ensure consistent management objectives (the Agreement ). Compliance with the Agreement is supervised by a Steering Committee of which the chairman is Mr. Angelo Casò. The agreement is filed with the Milan Companies Register. Institutional Investors 38% Core Shareholders 31% INSTITUTIONAL INVESTORS BY REGION Retail Investors 31% MEDIOBANCA SHAREHOLDERS AGREEMENT 1 Rest of the world 11% Rest of Europe 13% United States 24% Unicredit 8,6% Other <1% 3,6% Fininvest 1% Italmobiliare 1% FINPRIV 1,7% Italy 13% Pirelli & C. 1,8% Switzerland 4% France 6% United Kindom 29% Financière du Perguet (Bollorè) 7,9% Edizione(Benetton) 2,2% Mediolanum 3,4% 1) Expiring in December 2017.

5 COMPOSITION AND ROLE THE BOARD OF DIRECTORS CONSISTS OF BETWEEN FIFTEEN AND TWENTY-THREE MEMBERS The Board of s consists of between fifteen and twenty-three members. Of the s thus appointed, five are managers with at least three years experience of holding management positions at companies belonging to the Mediobanca Banking Group, at least three must qualify as independent as defined in Article 148, para. 3 of Italian Legislative Decree 58/98, and at least four, who may coincide with the three qualifying as independent referred to above, must qualify as independent based on the Code of Conduct for Listed Companies issued by Borsa Italiana. No person aged seventy-five or over may be appointed. The Board of s appointed on 28 October 2014 for the, 2016 and 2017 financial years consists of 18 members, 10 of whom qualify as independent pursuant to Article 148, para. 3 of Italian Legislative Decree 58/98, 8 of whom also qualify as independent pursuant to the Code of Conduct operated by Borsa Italiana. MEMBERS POST HELD DATE OF BIRTH INDEPENDENT * INDEPENDENT ** MANAGER Renato Pagliaro Maurizia Angelo Commeno Marco Tronchetti Provera Alberto Nagel Francesco Saverio Vinci Tarak Ben Ammar Gilberto Benetton Mauro Bini Marie Bolloré Maurizio Carfagna Angelo Casò Maurizio Costa Alessandro Decio Vanessa Labèrenne Elisabetta Magistretti Alberto Pecci Gian Luca Sichel Alexandra Young Chairman Deputy Chairman Deputy Chairman CEO General Manager 20/02/ /06/ /01/ /06/ /11/ /06/ /06/ /10/ /05/ /11/ /08/1940 nel /01/ /01/ /07/ /09/ /06/ /02/1968 * ** Independent as required in Code of conduct for listed companies. Independent as required by Article 148, para. 3 of Italian Legislative Decree 58/98. Taken from the list submitted by shareholder UniCredit S.p.A., owner of 8.65% of the company s share capital Taken from the list submitted by Studio Trevisan on behalf of a group of investors owning 1.699% of the company s share capital

6 BUSINESS MODEL Mediobanca Group Banking business Equity holding Corporate & Investment Banking (CIB) Retail and Consumer Banikng (RCB) Principal Investing (PI) Corporate Centre Wholesale Banking Lending Consumer Credit Ass. Generali (13.2%) Leasing Advisory Capital markets Retail banking AFS stake ptf Private banking/ Asset managment Revenues 1 : 776m (37%) Revenues 1 : 1,008m (48%) Revenues 1 : 254m (12%) Revenues 1 : 64m (3%) Headcount: 900 (24%) Headcount: 2,481 (65%) Headcount: n.m. Headcount: 409 (11%) C/I ratio: 50% C/I ratio: 44% C/I ratio: n.m. C/I ratio: n.m. ROAC adj. 2 : 8% ROAC adj. 2 : 11% ROAC adj. 2 : 22% ROAC adj. 2 : 2% NII: 251 (22%) NII: 833 (73%) NII: 55 (5%) Loan book: 14.6bn (44%) Loan book: 15.5bn (47%) Equity BV: 4.4bn Loan book: 2.8bn (8%) RWA: 33.4bn RWA: 12.2bn RWA: 11.7bn RWA: 2.4bn AUM 3 : 31.8bn AUM: 2.9bn Figures as at June-end (annual period) 1) Revenues by division; % of total aggregated revenues (gross of intercompany items) 2) Profit/losses from AFS disposals, impairments and positive one-off items excluded 3) Including Cairn Capital AUM

7 KEY MARKET DATA Price (as at 10 August ): week high: week low : 6.0 No. of shares outstanding: 867m Market Cap (as at 10 August ): 8,457m PRICE AND PERFORMANCE AT YEAR END 30/06/12 30/06/13 30/06/14 30/06/15 Price ( ) Performance (%) Market Cap ( m) EPS ( ) DPS ( ) BVPS ( ) P/TBV P/E % 2, x 37.0x % 3,445 neg x neg % 6, x 13.5x 8.8-7, x 12.9x MARKET PERFORMANCE (30/06/ /08/) giu-12 lug-12 ago-12 set-12 ott-12 nov-12 dic-12 gen-13 feb-13 mar-13 apr-13 mag-13 giu-13 lug-13 ago-13 set-13 ott-13 nov-13 dic-13 gen-14 feb-14 mar-14 apr-14 mag-14 giu-14 lug-14 ago-14 set-14 ott-14 nov-14 dic-14 gen-15 feb-15 mar-15 apr-15 mag-15 giu-15 lug-15 MB 180.7% EU Banks 75.2% ITA Banks 145.6%

8 LOCATIONS ITALY MILAN Piazzetta Enrico Cuccia, Milano Tel Fax ROME Piazza di Spagna, Roma Tel Fax MAIN COMPANIES BANCA ESPERIA SPA Via Filodrammatici MILANO Tel Fax COMPASS BANCA Via Caldera, 21/D 3 MILANO Tel Fax COMPAGNIE MONÉGASQUE DE BANQUE 23 avenue de la Costa Monaco Tel cmb@cmb.mc SELMA BIPIEMME LEASING Via Battistotti Sassi 11/A MILANO Tel Fax CHE BANCA! S.P.A. Viale Luigi Bodio, 37 Palazzo 4 8 Milano Tel SPAFID Foro Buonaparte MILANO Tel Fax INTERNATIONAL MÈICO CITY Avenida Paseo de Los Tamarindos Torre A, Tercer Piso (Edificio del Pantalón) Bosques De Las Lomas Delegación Cuajimalpa De Morelos Distrito Federal México Tel FRANKFURT Garden Towers Neue Mainzer Strasse Francoforte, Germania Tel Fax ISTANBUL MB Advisory Kurumsal Danışmanlık Hizmetleri A.Ş. Cevdet Paşa Caddesi No 31/6 Bebek 34342, İstanbul - Türkiye Tel Fax: LONDON 33 Grosvenor Place SW1 7HY Londra, Regno Unito Tel Fax LUEMBOURG 4, Boulevard Joseph II L-1840 Lussemburgo Tel Fax MADRID Calle Jorge Manrique Madrid, Spagna Tel Fax MOSCOW Presnenskaya Naberezhnaya 10 - Block C, Office Moscow, Russia Tel Fax NEW YORK 565 Fifth Avenue - New York NY USA Tel Fax PARIS 43, rue de la Bienfaisance Parigi, Francia Tel Fax

9 INVESTOR RELATIONS GRUPPO MEDIOBANCA Piazzetta E. Cuccia, Milano (Italy) Investor.relations@mediobanca.com MEDIA RELATIONS GRUPPO MEDIOBANCA Piazzetta E. Cuccia, Milano (Italy) media.relations@mediobanca.com