Unipol Grupo Spa

Welcome to the Q&A session on the Consolidated Preliminary Results from the 31st December 2020 Gruppo Unipol. Group CEO Mr. Carlo Cimbre will go through a short introduction, then he will take questions. Mr. Cimbre, the floor is yours. Thank you.

Many thanks and good afternoon everyone. I'm here together with Dr. La Terza.

He's the Uri Polsai General Director. Now, as usual, you must have read our press release plus the presentation this morning. So without further ado, I do confirm we can now take questions right away. Thank you. So if you want to ask a question, please dial star followed by one on your telephone pad. If you want to get out of the booking list, please dial star followed by two. Please ask questions by using the receiver of your telephone. Once again, if you have questions, star plus one. Now, thank you. Question number one is from Elena Perini from Intel Sao Paulo. Good afternoon, everyone. I have three questions, if at all possible. Question number one is on the result of Unipol SAE. So fourth quarter, we know that the tax rate was very low. So I'd like to know if you have some one-off or extraordinary effects. So I'd like to know if you can give us some color about what happened from the tax point of view. Question number two. Concerning dividends, so do you know when you will be able to pay them? So maybe you need to talk to the regulator. And then as for the Unipol 2019 dividends, do you have any idea, any thoughts on how to, let's say, turn it in favor of shareholders? I read some days ago an article on the fact that the new table should be ready on the so-called macro lesions. So are you working on this?