GENERAL MEETING DRAFT - Bankier.pl

Reputational Risk
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Part E – Information on risks and related risk management policies
The UniCredit Group has identified reputational risk as the current or future risk of a decline in profits or
capital as a result of a negative perception of the bank’s image by customers, counterparties, bank
shareholders, investors or the regulator.
In this regard, in July 2009, in the broader context of the Group Risk Management reorganization, the new
Reputational Risk Measurement and Control unit was formally appointed within the Operational and
Reputational Risks Portfolio department.
The primary role of Reputational Risk Measurement and Control is:
� developing methodologies enabling the identification, assessment and measurement of
reputational risk;
� defining reputational risk limits, and suggesting mitigation actions, supporting the relevant
Business Units and Legal Entities in monitoring their implementation
Moreover, a dedicated Group Reputational Risk Committee, reporting to the Group Risk Committee, has
been established with responsibility in issuing reputational risk policies, ensuring consistency in
reputational risk practice across Business Units and Legal Entities and controlling and monitoring the
Group Reputational Risk portfolio. Furthermore, the Group Transactional Risk Committees are in charge
of handling reputational issues concerning individual transactions, based on reputational risk special
policies.
In July 2009, the Group Risk Committee approved the updated version of both the Nuclear Energy and
the Defense/Weapons Industry Reputational Risk Special Policies, governing business operations in such
sectors.