Second quarter and first half 2016 results

Good commercial and financial results

Confirmation of the Group's strong underlying performance

Crédit Agricole Group*: project to simplify Group's structure completed

• Good results boosted by the VISA Europe disposal gain
• Financial robustness confirmed by EBA stress tests

Net income Group share stated: €1,942 million (+29.5% Q2/Q2); underlying**: €1,623 million
Fully-loaded CET 1 ratio: 14.2% (+100 bps / June 15)
* Crédit Agricole S.A. and 100% of the Regional Banks

Crédit Agricole S.A.: growth in underlying NIGS (+13.0% Q2/Q2)

• Buoyant activity in all business lines
• Continued control of operating expenses
• Cost of risk stabilised at low level
• Financial strength further improved

Revenues stated: €4,738 million; underlying**: €4,337 million (+0.5% Q2/Q2)
Operating expenses excl. SRF: €2,806 million (-0.8% Q2/Q2)
Cost of risk stated: -€497 million (-17.4% Q2/Q2)
Net income Group share stated: €1,158 million (+25.8%); underlying**: €818 million
Fully-loaded CET1 ratio: 11.2% (+100 bps / June 15)
** Changes restated for specific items

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