Yesterday, 4 March 2020, HypoVereinsbank was advised that an employee of a service provider who is based in a room on the first floor of the TZ building in the Tucherpark site in Munich has tested positive for the COVID-19 Coronavirus. HypoVereinsbank is in ongoing contact with the affected employee who is under medical observation to ensure he/she gets all the support possible and wishes him/her a speedy recovery.

As a precautionary measure HypoVereinsbank immediately closed the affected room in the specific building. The relevant parts of the building have been deep-cleaned and disinfected and the affected room will remain closed until further notice.

Moreover, HypoVereinsbank has contacted all employees who may have been in close and recent contact with the individual, advising them to self-quarantine for 14 days and to follow the instructions of the health authorities.

HypoVereinsbank has already implemented the following precautionary measures in the last weeks:

• HypoVereinsbank has activated health and safety protocols and will continue to carefully monitor the situation in the affected regions
• HypoVereinsbank encourages employees to rely on agreed alternative work solutions, such as remote working from home
• Employees who were in / visited the affected areas in the last two weeks will need to work remotely if at all possible; if not possible, they will be put on paid leave and will not be allowed to access their habitual place of work
• On 22 February 2020 UniCredit put in place a Group-wide non-essential domestic and international travel ban. This was in addition to the previously implemented business travel ban to, from and within Asia and to, from and within the affected areas in Northern Italy.

Michael Diederich, Spokesman of the Management Board, said: “The health and safety of all our colleagues and clients is of paramount importance to us. We have taken precautions to safeguard our colleagues and ensure full business continuity for our clients”.

For the time being, HypoVereinsbank will keep all the above mentioned measures in place.

All office buildings of HypoVereinsbank including the HVB Tower in Munich as well as the branches will remain open.

The health and well-being of people and customers is a top priority for UniCredit. The Group will continue to actively monitor the situation, always act in everyone’s best interests and do the right thing!

About UniCredit
UniCredit is a simple successful pan-European Commercial Bank, with a fully plugged in CIB, delivering a unique Western, Central and Eastern European network to its extensive client franchise. UniCredit offers both local and international expertise to its clients, providing them with unparalleled access to leading banks in its 13 core markets through its European banking network: Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and Slovenia. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 18 countries worldwide.