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The Board of Directors of Crédit Agricole CIB, meeting on 5 May 2025 following the Annual General Meeting, decided to appoint as of today, Olivier Gavalda as Chairman of the Board of Directors, replacing Philippe Brassac whose term of office was due to expire. The Board warmly thanked Philippe Brassac for the quality of his chairmanship.

Increased revenues, strong profitability despite exceptional high tax impact

Q1 2025 KEY FIGURES: Total premium income[1] at a record high of €14.8 billion, up +20.7%[2] Record net inflows of +€4,0 billion, including +€1.9 billion on the General Account   ^ [1] « Non-GAAP » revenues ^ [2] Excluding the 1st consolidation of CATU (Crédit Agricole Towaraystow Ubezpieczeń, property and casualty insurance subsidiary in Poland) on 30 June 2024 with retroactive effect from 1 January 2024, changes are: +20.7% for total premium income, +5.4% for international premium income and +0.1% for Crédit Agricole Assurances contribution to Crédit Agricole S.A.'s pre-tax income

At Crédit Agricole S.A.’s Board meeting of 29 April 2025 chaired by Dominique Lefebvre, Olivier Gavalda, CEO of Crédit Agricole S.A. as of the 14th of May 2025, presented his future organisation. Olivier Gavalda will propose to the Board of Directors following Crédit Agricole S.A. general shareholders’ meeting which will be held the 14th of May 2025, that Jérôme Grivet be appointed as sole Deputy Chief Executive Officer and second executive director of Crédit Agricole S.A. As of the 1st of June 2025, the General Management of Crédit Agricole S.A. will be organised around seven divisions, the Corporate Secretary and the control functions.

Amundi's Board of Directors met on 28 April 2025 chaired by Philippe Brassac, and approved the financial statements for the first quarter of 2025.