Our response to UniCredit's recent announcements

On 16 March 2026, UniCredit announced its intention to make an unsolicited public takeover bid to the shareholders of Commerzbank for the acquisition of all Commerzbank shares.

Commerzbank has taken note of this announcement. and formally rejects UniCredit’s continued hostile tactics and misleading characterisations, which undermine the fundamental trust essential to the banking business and the interests of all stakeholders.

The Board of Managing Directors and the Supervisory Board of Commerzbank will carefully examine the announced voluntary takeover bid, following its publication by UniCredit, in the best interest of Commerzbank, its shareholders, employees and customers.

However, the success of our strategy and the broad support from our stakeholders encourage us to continue to consistently implement our growth strategy. In doing so, we create value for our shareholders, employees, customers and other stakeholders.

Tens of thousands of corporates and more than ten million people in Germany place their trust in Commerzbank and its staff. They want a bank as a financial partner that has their best interests at heart. That is why, in recent days, many experts have spoken out in favor of an independent Commerzbank.