Connectivity issues with KELER - Update

Summary: Update on ccommunication issues between UniCredit Hungary GSS and CSD        

With reference to our newsletter sent today (https://gss.unicreditgroup.eu/markets/hungary/newsflashes/connectivity-i...), we would like to inform you that the slowdown in communication between KELER, the Hungarian CSD and UniCredit Bank Hungary persists, but according to our records, transactions with today’s value date have been executed in line with the usual process.

Our experts are still working on the problem and we will keep you posted on any further developments.

Impact on investors:  Communication issues between UniCredit Hungary and KELER still persist however today’s settlement instructions are processed as per the usual procedure.