mediobanca corporate presentation · mediobanca corporate presentation ... mediobanca 120,598 ubs...

16
Mediobanca Corporate Presentation October 2nd 2010 Università Commerciale L. Bocconi, Milan

Upload: duonghanh

Post on 22-May-2018

217 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

Mediobanca Corporate Presentation

October 2nd 2010

Università Commerciale L. Bocconi, Milan

Page 2: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

2

History and mission of Mediobanca

1950s: supporting growth of leading Italian groups outside Italy

1956: listing on Milan stock market (the first banking group listed after the war)

Trustee business via Spafid (1951), followed by consumer credit with Compass (1960) and leasing with Selma(1970)

Founded after World War II by Banca Commerciale Italiana, Credito Italiano and Banco di Roma, the three state-owned “banks of national interest”

Mission: to support the rebuilding of the Italian industry through supply of medium/long-term financing andadvisory services to enterprises

Key role in supporting Italian industry restructuring: MB became “house bank” for major Italian industrials By mid-1970s MB’s equity investment portfolio included Generali (4.5%), Fiat (2.5%), Montedison (2.5%), Olivetti

(5%), Pirelli & C. (3.3%) and Fondiaria (10%) 1988: MB privatisation and core shareholder’s agreement between banks (25%) and private enterprises (25%) set

up

Industrial restructuring in late ’90s was followed by a boom of privatisation deals and IPOs, in which MB confirmedits leadership position.

MB International, operating in international capital markets set up in 1990 Residencial mortgages business started up with Micos (1992) Increase in size of equity investment portfolio (Generali 14%) Private Banking business entered with Banca Esperia (2001) and CMB (2003)

New management team (2003) and strategy refocused on banking activities CIB activities internationalized with the opening of branches in Paris (2004), New York (2006), Madrid (2007),

Frankfurt (2007) and London (2008) Creation of the third domestic operator in consumer lending with the acquisition of Linea (2007) Retail banking started with Che Banca! (2008)

1946

Foundation

1950s-70s

Development

1970s-80s

Restructuring of Italian industry

1990s –early 00s

Italian largest privatisations

Recent years

Diversifications

Page 3: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

3

Leading corporate and investment bank

Integrated and

profitable

business model

Sound

capital base

High free capital

generation

Qualified

shareholder base

Valuable equity

investment portfolio

Unique corporate

culture

Independent

management team

Excellent asset quality

High cost efficiency

Page 4: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

4

Mediobanca Group: business model

Mediobanca’s business model is organized around three main business areas: Corporate & Investment Banking (CIB), Principal Investing(PI), and Retail & Private Banking (RPB)

CIB: integrated offering which includes credit products, advisory services, and capital markets services and products

PI:includes minority/majority stakes in listed/unlisted corporates of medium/large size which Mediobanca invests in with a view toassisting them in their plans for growth over the medium term

RPB: focused on the Compass-Linea combination, plus launch of the new retail platform

Cross-fertilization between CIB and Private Banking: corporate relations originate contacts for private banking, and vice versa

Business and risk diversification achieved throughRetail & Private banking and PI

* Adopted on March 08 with 09/011 Plan approval

Mediobanca Group

Large/mid corporates

Principal Investing Retail & Private BankingCorporate &

Investment Banking

Capital Markets

Advisory

LendingEquity Investment

Portfolio

Merchant Banking

Private Equity

Special Opportunities

Retail Banking

Consumer Credit

Private Banking

Retail

Page 5: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

5

Mediobanca Group: key figures

* Fiscal year closes at the end of June

Mediobanca Group (€ m) June 2008 June 2009 June 2010

Revenues 2.098 1.776 2.018

of which banking activities 1.427 1.612 1.814

of which equities 671 164 204

Profit before taxes 1.154 91 583

of which banking activities 490 380 400

of which equities 664 (289) 183

Net Profit 1.013 2 401

RWA (€ bn) 55,1 52,7 53,4

Net Equity (€ bn) 5,7 5,7 6,3

Tier 1 ratio 10% 10% 11%

Rating AA- AA- A+

Page 6: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

6

Increasing international presence

France

Germany

Spain

U.K.

U.S.A

Monaco

Direct presence

Madrid

Paris

FrankfurtLondon

Milan

MonacoRome

Brokerage activity set up in New York in 2007

Branch in Paris set up in 2004

Lending and investment banking activities

Branch in Madrid set up in autumn 2007

Lending and investment banking activities

Branch in Frankfurt set up in mid 2007

Lending and investment banking activities

Capital market platform set up in London in spring 2008

CMB: stake owned since 1989, fully owned since 2004

Leader player in private banking

Page 7: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

7

Mediobanca positioning

Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m)

Citi 131,615 Mediobanca 43,348 Mediobanca 21,054 Mediobanca 7,315

Merrill Lynch 126,946 Merrill Lynch 26,525 Morgan Stanley 17,116 Intesa SanPaolo 5,947

Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621

Credit Suisse 105,217 Morgan Stanley 25,009 JP Morgan 16,724 Morgan Stanley 4,130

JP Morgan 78,992 Goldman Sachs 22,951 Goldman Sachs 15,024 UniCredit Group 3,212

2007 2008 2009 2010

Source: Thomson Financial /Dealogic

All rankings are by Mediobanca fiscal year, end of June

M&A (announced deals)

Equity issuance

Syndicated loans bookrunners

Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m)

Intesa SanPaolo 14,744 Intesa SanPaolo 4,755 BNP Paribas 3,081 Intesa Sanpaolo 2,055

Unicredit Group 11,187 RBS 3,803 Intesa SanPaolo 2,893 UniCredit Group 1,713

Mediobanca 8,969 BNP Paribas 2,512 Mediobanca 1,822 BNP Paribas 1,448

UBS 7,000 Unicredit Group 2,288 Mitsubishi UFJ 1,442 Mediobanca 789

BSCH 7,000 Mediobanca 1,793 BBVA 1,442 Credit Agricole CIB 779

20092007 2008 2010

Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m) Bank Volume (€ m)

Mediobanca 1,843 Mediobanca 2,087 Mediobanca 2,576 Goldman Sachs & Co 1,143

Goldman Sachs 893 Goldman Sachs 1,143 Intesa SanPaolo 1,988 UniCredit Group 873

Lehman Brothers 822 Credit Suisse 823 JP Morgan 1,829 Bank of America Merrill Lynch 828

Unicredit Group 549 Merrill Lynch 618 Morgan Stanley 642 Mediobanca 712

Intesa SanPaolo 513 Intesa SanPaolo 528 UBS 521 UBS 567

2007 2008 2009 2010

Page 8: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

8

Wholesale Banking- Corporate Finance

A motivated team of client-focused professionals

organized by Industry Teams

A track record of 60 years of unparalleled

achievement and long-term relationships with major

Italian groups

Proven capability in providing a comprehensive

service

Unique understanding of domestic industrial,

regulatory, legal and tax environment

Excellent relationships with major international

financial institutions, such as investment banks,

commercial banks, private equity funds, etc.

EnergyFinancial

Institutions GroupsInfrastructure Real Estate

Branded Goods

and IndustrialsTMT

Corporate Finance

Debt

Restructuring

Strategic

objectives

Shareholders’

Agreements

Corporate

RestructuringMergers &

Acquisitions

Divestitures &Spin-offs

Financial &

Benchmarking

Analysis

Joint-Ventures& Partnerships

Relationships with

Authorities

Corporate

Valuations

Page 9: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

9

M&A: major deals in 2009-2010

Leadership in M&A confirmed not only by the size and importance of the deals, but also the high

degree of coverage in terms of industries

Acquisition by Cattolica Assicurazioni of 51% of BCC

Vita

July 2009

Financial Advisor to the Acquiror

€ 44m

Acquisition by Dolomiti Energia of hydroelectric assets through the purchase of a 51% stake in two Newcos (owned

by Enel and Edison)

March 2009

Financial Debt Advisor to the Acquiror

€ 460m

Banca Popolare di Milano’s

tender offer on Anima

March 2009

Financial Advisor to the Acquiror

€ 114m

Acquisition of CartaSì by Istituto Centrale Banche

Popolari

June 2009

Financial Advisor to the Acquiror

€ 139m

Acquisition by Enel of 25% stake in Endesa from

Acciona

June 2009

Financial Advisor to the Acquiror

€ 11,1bn

Acquisition by Air France of a

stake in Cai/Alitalia

February 2009

Financial Advisor to the Acquiror

€ 323m Dismissal by I Viaggi del Ventaglio

of Livingston to 4 Fly

February 2009

Financial Advisor to the Seller

€ 44m

Merger among Generali, Alleanza Assicurazioni and

Toro Assicurazioni

October 2009

Financial Advisor to Generali

€1,805m

Tender offer by Banco Popolare SC on Banca

Italease

July 2009

Financial Advisor to Banco Popolare

€ 175m

Debt restructuring of

Ferretti SpA by Mediobanca

and creditors

July 2009

Financial Advisor to Mediobanca and creditors

€ 830m

Merger among

Enìa and Iride

Pending

Financial Advisor to the Enìa

Value undisclosed

May 2009

Financial Advisor to the Acquiror

Acquisition by A2A

of a 15% stake in EPCG

(electirity utility of

Montenegro)

Vaue undisclosed

Dismissal by Endesa of 2.105MW of wind power and

hydroelectric plants to Acciona

June 2009

Financial Advisor to the Endesa

€ 2.9bn

Acquisition by Metalmeccanica Tiberina of

Wagon Automotive Spol

June 2009

Financial Advisor to the Acquiror

€ 10m

Dismissal by Enel of 80% of Enel Rete Gas to F2i and

AXA Private Equity

May 2009

Financial Advisor to the Enel

€ 1.5bn

Acquisition by Snam Rete

Gasd of 100% of Stogit and

Italgas

June 2009

Financial Advisor to the Snam Rete Gas

€ 4.7bn

August 2009

Acquisition by Newco Diana S.p.A. of 100% of RGI

S.p.A.’s share capital and subsequent delisting

Financial advisor to the Acquiror

€ 46.6m

Debt restructuring

December 2009

Financial advisor for Valentino

€ 250m

Acquisition by State Street of

the Securities Services

Business of Intesa Sanpaolo

S.p.A.

Pending

Financial advisor for the Acquiror

€ 1,750m

Acquisition by Unipol Gruppo

Finanziario of Arca Vita

S.p.A.

Pending

Financial advisor for the Acquiror

€ 274m

Acquisition by Generali

Immobiliare Italia of IVG

Immobilien AG-Maciachini

October 2009

Financial advisor for the Acquiror

€ 300m

Bond issue “Tremonti Bond”

June 2009

Financial advisor for Credito Valtellinese

€ 200m

May 2009

Arranger of the transaction

€ 1,700m

REAL ESTATE ASSETS

Acquisition by Koninklijke

Philips Electronic of Saeco

International Group

May 2009

Financial advisor for the Target

€ 200m

Acquisition by Intesa San

Paolo S.p.A. from Generali of

50% of Intesa Vita's share

capital

March 2009

Financial advisor for Assicurazioni Generali

€ 706m

Acquisition of the mayoritystake of Permasteelisa by

Cima and subsequent Mandatory Tender Offer

September 2009

€ 360m

Financial advisor for the Acquiror

March 2009

Financial advisor for Banco Popolare

€ 1,450m

Bond issue “Tremonti Bond”

Acquisition of Blueskye by a

group of investor

January 2009

Financial advisor for the Target

Value undisclosed

Combination of Actelios and

Falck Renewables, Financial

Advisor to Falck S.p.A.

Pending

Financial Advisor to the Target

€ 8.58m

Acquisition by Shareholders

of Pirelli & C. Real Estate

SpA

Pending

Financial Advisor to the Target

€ 872.71

Acquisition by Banca

Popolare di Milano SCaRL of

Factorit SpA

August 2010

Financial Advisor to the Target

€ 51m

Acquisition by Investor Group

of Factorit SpA

August 2010

Financial Advisor to the Target

€ 154m

Acquisition by Banca Carige

of 22 branches from Banca

Monte dei Paschi di Siena

Pending

Financial Advisor to the Acquiror

€ 130m

Disposal by Carrefour of 20%

Finper stake to Brunelli

family

February 2010

Financial Advisor to the Seller

€ 100m

Acquisition by Enel Green

Power SpA of ECYR

March 2010

Financial Advisor to the Acquiror

€ 1.086m€ 42m

Financial Advisor to Landi Renzo

Fairness Opinion

July 2010

Acquisition by Credit Agricole

of 96 branches of Intesa San

Paolo SpA

February 2010

Financial Advisor to the Acquiror

€ 740m

Acquisition by Birds Eye Iglo

Group Limited of Findus Italy

July 2010

Financial Advisor to the Acquiror

Value undisclosed

Sale of high voltage

transmission network to

Red Electrica de España

Financial Advisor to Endesa

€ 1.5bn

July 2010

Disposal of TeamSystem SpA

by Bain Capital

August 2010

Financial Advisor to Bain Capital

€ 565m

Acquisition of Malo (IT

Holding Group) by Evanthe Srl

September 2010

Financial Advisor to the Seller

Value undisclosed

Acquisition by Telecinco of assets from Grupo Prisa

(Cuatro and a 22% stake In Digital+)

Pending

Financial Advisorto Mediaset

€ 1,5bn

Bancassurance

agreement

Pending

Financial Advisor to Cattolica Assicurazioni

€ 55m

Bancassurance

agreement

Pending

Financial Advisor to Cattolica Assicurazioni

€ 120m

Disposal by Antonio MerloniS.p.A. in A.S. of 100% of Asko

Appliances Group

July 2010

Financial Advisor to Antonio Merloni S.p.A. in

A.S.

€ 4.5mlnDisposal of all Ukrainian

operations by Antonio MerloniS.p.A. in A.S. to Electrolux

Group

August 2010

Financial Advisor to Antonio Merloni S.p.A. in

A.S.

€ 19m

Disposal by

A2A of 5.16% stake in Alpiq

May 2010

Financial advisors to A2A

€ 305m

Page 10: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

10

Wholesale Banking - Lending & Structured Finance

Handles loans to corporates, generally medium-to-

long term

Responsible for transactions involving a considerable

degree of financial leverage and limited recourse to

the originator

Syndicated Loans

Financial support to exporters of goods and services

to non-Italian counterparties

Support analysis of credit-related exposure to

counterparties and their respective creditworthiness

Involves preparing schemes for major contracts and

arranging the requisite lending package

Lending and Structured

Finance

Corporate

lending

Leveraged

finance

Loan sales

Export

finance

Credit

analysis

Project

finance

Page 11: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

11

Syndicated Loans: recent transactions in 2007-2010

The role of Bookrunner always entails the status of Mandated Lead Arranger

€ 35bn

Term Loan Facilities

Bookrunner

April 2007

€ 1,280m

Acquisition Financing

Bookrunner

March 2007

€ 2bn

TLF & RCF

Bookrunner

March 2007 February 2007

€ 365m

Senior and Subordinated

Facilities

Sole Bookrunner

January 2007

€ 555m

Senior and Second Lien

Credit Facilities

Bookrunner

€ 2,594m

Acquisition Financing

Bookrunner

October 2007

€ 340m

Senior Credit Facilities

Joint Lead Arranger and

Sub-Underwriter

November 2007December 2007

€ 275m

Term Loan Facility

Bookrunner

December 2007

€ 1,476m

Acquisition Financing

Bookrunner

May 2008

CHF 246m

Acquisition Financing

Sole Bookrunner

€ 247.5m

Acquisition Financing

MLA

April 2008 April 2008

€ 110m

Acquisition Financing

MLAMndated Lead Arranger

May 2008

€ 670m

Senior Refinancing &

Acquisition FacilitiesMandated Lead

Arranger

February

2008

€ 142m

Senior Credit

Facilities

€ 113m

LBO

Sole Bookrunner

May 2008June 2008

€ 850m

RCF

Bookrunner

June 2008

€ 110m

Term Loan Facilities

Mandated Lead

Arranger

June 2008

€ 3.2bn

Term Loan Facilities

Bookrunner

June 2008

€ 275.6m

Project Financing

Bookrunner

July 2008

€ 190m

Senior Refinancing

Facilities

Bookrunner

€ 268m

Senior Credit Facilities

Bookrunner

August 2008

€ 970m

Acquisition Financing

Bookrunner

August 2008

Value undisclosed

Structured Financing

Bookrunner

November 2008

€ 1,250m

Acquisition Financing

Bookrunner

August 2008December 2008

€ 3.1bn

Term Loan Facilities

Bookrunner

December 2008

€ 360m

Term Loan Facilities

Bookrunner

February 2009

Mandated Lead Arranger

€ 4bn

Forward Start

Facility€ 8bn

TL & Forward Start

Bookrunner

April 2009

For the acquisition of

25% of:

€ 2.5bn

RCF

Bookrunner

June 2009June 2009

€ 8.7bn

Refinancing

Mandated Lead

Arranger

€ 1,025m

Senior Credit Facilities

Bookrunner

September 2009

Enel Rete Gas

July 2009

€ 600m

Term Facilities

Bookrunner

December 2009

€ 1.2bn

Refinancing

Mandated Lead

Arranger

€ 690m

Acquisition Financing

Bookrunner

October 2009

€ 1.3bn

Credit Facility

Mandated Lead

Arranger

January 2010

TELCO S.p.A.

€ 1,070m

Refinancing

Bookrunner

January 2010

€ 2.5bn

Refinancing

Bookrunner

April 2010April 2010

€ 3bn

Refinancing

Mandated Lead

Arranger

March 2010

€ 4bn

Term Loan Facilities

Mandated Lead

Arranger

$ 13bn

Refinancing

Mandated Lead

Arranger

March 2010

March 2010

€ 3.9bn

Term Facilities

Mandated Lead

Arranger

Bookrunner

£100m

Refinancing

April 2010

Mandated Lead

Arranger

£530m

RCF

Refinancing

March 2010

Bookrunner

$ 300m

Term Loan

Refinancing

April 2010

€ 2.5bn

Revolving Credit

Facility

Mandated Lead

Arranger

March 2010

€ 10bn

Revolving Credit

Facility

Sole Coordinator

April 2010May 2010

Mandated Lead Arranger

€ 400m

TL & RCF

May 2010

€ 2.5bn

Refinancing

Mandated Lead

Arranger

June 2010

€ 1.2bn

Refinancing

Bookrunner

June 2010

Bookrunner

€ 450m

Refinancing Credit

Facilities

July 2010

Mandated Lead Arranger

€ 500m

Revolving Credit Facility

July 2010

Bookrunner

€ 900m

Acquisition Facilities

August 2010

Mandated Lead Arranger

€ 550m

Refinancing Facilities

€ 400m

Refinancing

Mandated Lead

Arranger

June 2010

€ 2.6bn

Refinancing

Mandated Lead

Arranger

July 2010

£ 625m

New Class B Facility

August 2010

Mandated LeadArranger

August 2010

Bookrunner

€ 1.5bn

Acquisition Finance

July 2010

€ 500m

Add-on Facility

Mandated Lead

Arranger

Page 12: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

12

Wholesale Banking - Capital Markets

Structures and places

equity offerings, e.g. in the form of IPOs and

rights issues

debt securities such as bonds and/or asset-backed

securities issued by corporate or financial clients

debt-based products (structured and

unstructured) for the bank's own funding

purposes

Covers all regulated markets (trading-floor and

screen-based) and non-regulated markets (OTC) on

which financial assets are traded subsequent to their

issues

Develops morning notes and brief comments on key

company events for investors requiring information at

short notice; full-length studies on individual

companies

Manages risk exposure deriving from banking

activities

Equity Capital

Markets (ECM)

Equity and Fixed

income sales

Equity, Fixed

income and

Derivatives

trading

Equity and Fixed

income Research

Risk

Management

Debt Capital

Markets (DCM)

Capital Markets

Page 13: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

13

Share placements: deals co-ordinated since 1997

Mediobanca has handled large-size share placements such as privatizations and deals

involving small/medium-size companies with clear business vision

Joint Global Coordinator,

Bookrunner, Sponsor

2005

€ 53,7m

ABO(shares)

Joint Bookrunner

2006

€ 430m

ABO(shares)Joint Global

Coordinator, Joint Bookrunner, Co-Sponsor

2006

€ 302,7m

IPO(shares)

Joint Global Coordinator,

Bookrunner and Sponsor

2006

€ 468mIPO

(shares)

Sole Global Coordinator,

Bookrunner, Sponsor

2005

€ 34m

IPO(Shares)

Joint Global Coordinator,

Bookrunner, Sponsor

2006

€ 231,4m

IPO(shares)

Joint Global Coordinator, Bookrunner,

Joint Listing Partner

2006

€ 131,27mIPO

(shares)

Global Coordinator and Bookrunner

2006

€ 315,4m

IPO(shares)

Global Coordinator and Bookrunner

2006

€ 128.17m

IPO(shares)

Joint Global Coordinator and Joint Bookrunner

2006

€ 286.3m

IPO(shares)

Global Coordinator, Sole Bookrunner,

Sponsor

2006

€ 167.9m

IPO(shares)

2007

ABO(shares)

Sole Bookrunner

€ 153.3m

2007

ABO(shares)

Sole Bookrunner

€ 25.1m

Joint Global Coordinator, Joint

Bookrunner, Sponsor

2007

€ 1,242m

IPO(shares)

2007

IPO(shares)

Global Coordinator, Bookrunner,

Sponsor

€ 98.8m

2007

IPO(shares)

Global Coordinator, Bookrunner,

Listing Partner

€ 122m

2007

IPO(shares)

Joint Global Coordinator, Joint

Bookrunner, Sponsor

€ 184m

2007

IPO(shares)

Joint Global Coordinator, Sponsor and Specialist

€ 151,5m

IPO(shares)

Sole Global Coordinator, Sole

Bookrunner, Sponsor

€ 414.1m

2007

IPO(shares)

Joint Global Coordinator, Joint

Bookrunner, Sponsor

€ 250,3m

2007

IPO(shares)

2007

Global Coordinator, Sole Bookrunner, Listing Partner

€ 38,5m

ABO(shares)

2007

Sole bookrunner

€ 429m

IPO(shares)

Joint Global Coordinator, Joint

Bookrunner, Sponsor

€ 210m

20072008

IPO(shares)

€ 3.6m

Joint Global Coordinator, Joint Bookrunner, Listing

Partner

2009

IPO(shares)

€ 7.6m

Global Coordinatorand

Bookrunner

2004

ABO(shares)

Sole Bookrunner

€ 136m€ 289,6m

ABO(shares)

2004

Joint BookrunnerJoint Global Coordinator,

Bookrunner, Sponsor

IPO(shares)

€ 160m

2005

Bookrunner

2005

€ 86,6m

ABO(shares)

Sole Bookrunner

2005

€ 190m

IPO(shares)

Joint Global Coordinator,

Bookrunner, Sponsor

2004

€ 1,700mn

IPO(shares)

Advisor to Marzotto and Financial Sponsor to Valentino Fashion

Group

2005

€ 1,851mSpin off from

Marzotto and IPO

Joint Bookrunner

2005

€ 568m

ABO(shares)

Global Coordinator, Bookrunner and

Sponsor

2005

€ 104mIPO

(Shares)

Joint Global Coordinator and

Bookrunner

2004

€ 7.636m

Secondary offering

Joint Global Coordinator and

Bookrunner

2005

€ 4,101m

Secondary offering

2002

Joint Global Coordinator and

Bookrunner

€ 276mSecondary offering

(shares)

Sole Bookrunner

2004

€ 651m

ABO(shares)

Financial Advisor toApax Venture

Partners, Bookrunner

2004

€ 299m

IPO(shares)

Global Coordinator, Bookrunner and

Sponsor

2001

IPO(shares)

€ 61m

Joint Global Coordinator,

Bookrunner, Sponsor

2000

IPO(shares)

€ 630m

Global Coordinator, Bookrunner and

Sponsor

2000

IPO(shares)

€ 121m

Joint Global Coordinator,Bookrunner

2001

IPO(shares)

€ 228m

Joint Global Coordinator,

Bookrunner, Sponsor

2002

IPO(shares)

€ 375m

Joint Global Coordinator,

Bookrunner, Sponsor

2002

IPO(shares)

€ 358m

Joint Global Coordinator, Bookrunner, Co-Sponsor

2001

IPO(shares)

€ 86m

Joint Global Coordinator and

Bookrunner

1999

€ 261m

IPO(shares)

Joint Global Coordinator and

Bookrunner

1997

€ 1,966m

Secondary offering(shares)

Joint Global Coordinator and

Bookrunner

1997

€ 9,787m

Secondary offering(shares)

Joint Global Coordinator and

Bookrunner

1998

€ 445mSecondary offering(shares)

Joint Global Coordinator and

Bookrunner

1998

€ 2,655m

Secondary offering(shares)

Joint Global Coordinator and

Bookrunner

1999

€ 16,550m

IPO(shares)

2000

€ 5,505mSecondary offering(shares)

Joint Global Coordinator and

Bookrunner

2009

IPO(shares)

€ 120.3m

Global Coordinatorand

Bookrunner

2010

ABO(shares)

€ 89m

Joint Bookrunner

2010

ABO

€ 24.5m

Sole Bookrunner

2010

ABO

€ 20.5m

JointBookrunner

2010

IPO

€ 37.3m

Global Coordinatorand

Bookrunner

Page 14: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

14

Profile required

Studies

business studies

technology

Specific area of expertise

business strategy

process analysis

technology

Studies

business studies & economics

business law

Specific area of expertise

financial accounting

corporate valuation

debt products

business law

Studies

economics

statistics & mathematics

Specific area of expertise

financial mathematics

econometrics

financial markets & products

Corporate FinanceLending & Structured Finance

OperationsCapital Markets

Personal skills

Ethics

Professionalism and rigour

Teamwork

Flexibility, speed and efficiency

Discretion and confidentiality

Customer-focused

Ability to work under pressure

Page 15: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

15

Contacts

Mediobanca S.p.A.

Human Resources

Piazzetta E. Cuccia, 1 – 20121 Milan

Tel: +39 02 8829 282

Fax: + 39 02 8829 267

E-mail: [email protected]

http://www.mediobanca.it

Page 16: Mediobanca Corporate Presentation · Mediobanca Corporate Presentation ... Mediobanca 120,598 UBS 26,358 Intesa SanPaolo 16,811 Deutsche Bank AG 4,621 ... TMT Corporate Finance Debt

16