Core Points - Crédit Agricole Leasing & Factoring (CAL&F) has completed the acquisition of 100% of Merca Leasing, enhancing its position in the German leasing market [2][3] - The acquisition aligns with CAL&F's development strategy and aims to accelerate growth in the dynamic German leasing sector [2][5] - Merca Leasing, founded in 1989, is one of the top ten independent leasing companies in Germany, specializing in tailored leasing solutions for SMEs [4][10] Company Overview - CAL&F is a subsidiary of the Crédit Agricole group and has been a significant player in leasing and factoring for over 60 years [8] - The company operates in 10 European countries, providing specialized financing and responsible mobility solutions to a diverse customer base [9] - Key figures for CAL&F at the end of 2024 include 260,400 customers, 2,769 employees, and €34 billion in outstandings [10] Merca Leasing Overview - Merca Leasing focuses on financing business-critical movable equipment, particularly production machinery [11] - The company reported new sales of €309 million and actual outstandings of €472 million at the end of 2024 [12]

Group 1 - The General Meeting of Shareholders of Crédit Agricole S.A. took place on May 14, 2025, with over 1,700 attendees and a quorum of 80.37% [2] - All resolutions proposed by the Board of Directors were approved, with the exception of resolution A, which was rejected by more than 95% [2][3] - A dividend payout of €1.10 per share was confirmed following the approval of the financial statements for the year ended December 31, 2024 [3] Group 2 - Olivier Desportes was appointed as a Director to replace Louis Tercinier, who reached the statutory age limit [3] - The General Meeting ratified the co-optation of Gaëlle Regnard as Director and renewed the terms of several existing directors [4] - Dominique Lefebvre was re-appointed as Chairman, and Jérôme Grivet was appointed as the sole Deputy Chief Executive Officer [5]

Core Points - Crédit Agricole S.A. announced the redemption of EUR 750,000,000 Subordinated Fixed Rate Resettable Notes issued on June 5, 2020, effective June 5, 2025 [1][2] - The redemption will occur at the outstanding nominal amount along with any accrued interest, as per the terms and conditions outlined in the base prospectus [1][2] - On the redemption date, the redemption amount will be due and payable, and the notes will cease to bear interest unless the amount is improperly withheld [2] Summary by Sections - **Redemption Announcement** - Crédit Agricole S.A. will redeem all outstanding EUR 750,000,000 Subordinated Fixed Rate Resettable Notes on June 5, 2025 [1] - The redemption is in accordance with Condition 6(e) of the terms and conditions of the notes [1] - **Redemption Amount and Interest** - The redemption amount includes the outstanding nominal amount and any accrued interest [1] - Notes will stop accruing interest on the redemption date unless the redemption amount is improperly withheld [2] - **Additional Information** - Further details regarding the redemption process are provided in the notice to the holders of the notes [2] - For more information about Crédit Agricole S.A., the company's website is available [3]

Core Viewpoint - Crédit Agricole S.A. has announced the redemption of its outstanding ¥5,800,000,000 Japanese Yen Callable Subordinated Bonds, which were issued on June 4, 2020, effective June 4, 2025, at 100% of the principal amount plus accrued interest [1][2]. Group 1 - The redemption will take place on June 4, 2025, and the holders of the bonds will receive the redemption amount, which includes the principal and interest accrued up to the redemption date [2][3]. - On the redemption date, the bonds will cease to bear interest unless the redemption amount is improperly withheld or refused [3]. - Holders of the bonds will receive formal notice regarding the redemption in accordance with the bond conditions [3].

Core Viewpoint - Crédit Agricole S.A. has announced the redemption of its outstanding ¥105,500,000,000 Japanese Yen Callable Senior Non-Preferred Bonds, which were issued on June 4, 2020, effective June 4, 2025 [1][2]. Group 1 - The redemption will occur at a price equal to 100% of the principal amount, along with interest accrued up to the redemption date [2][3]. - On the redemption date, the redemption amount will become due and payable, and the bonds will cease to bear interest unless the redemption amount is improperly withheld or refused [3]. Group 2 - Holders of the bonds will receive formal notice of the redemption in accordance with the conditions of the bonds [3].

Montrouge, 30 April 2025 CREDIT AGRICOLE S.A. ANNOUNCES FULL REDEMPTION OFthe outstanding principal amount of itsGBP Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes issued on April 8, 2014 (ISIN: XS1055037920)* Crédit Agricole S.A. (the “Issuer”) announces today the full redemption (the “Redemption”) with effect on June 30, 2025 (the “Redemption Date”) of the outstanding principal amount of its GBP Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes (the “Not ...

智通财经4月30日电，法国农业信贷银行第一季度净利润18.2亿欧元，预估18.5亿欧元。 ...

Core Insights - Crédit Agricole S.A. reported increased revenues and strong profitability despite a significant tax impact, with Q1 2025 revenues reaching €7,256 million, up 6.6% year-on-year, and net income group share at €1,824 million, down 4.2% from Q1 2024 [1][24][14] Financial Performance - Revenues for Crédit Agricole Group totaled €10,048 million in Q1 2025, reflecting a 5.5% increase compared to Q1 2024, driven by growth in various business lines, particularly Asset Gathering and Corporate and Investment Banking [15][25] - Operating expenses increased by 7.2% to €5,992 million, leading to a cost/income ratio of 59.6%, up 1.0 percentage point year-on-year [15][24] - Gross operating income was €4,056 million, a 3.0% increase from the previous year, while net pre-tax income rose by 1.6% to €3,399 million [15][17] Business Segments - The Asset Gathering division saw revenues increase by 15% to €2,058 million, supported by strong inflows and the integration of Degroof Petercam [43][40] - Corporate and Investment Banking achieved record revenues of €1,887 million, up 7.3% year-on-year, driven by strong performance in capital markets and investment banking activities [60][54] - Insurance revenues reached €727 million, a slight increase of 0.7%, with significant contributions from savings/retirement and property and casualty insurance segments [46][35] Customer Growth and Market Position - Crédit Agricole Group added 550,000 new customers in retail banking during Q1 2025, with a total of €835 billion in on-balance sheet deposits, reflecting a 1.3% year-on-year increase [6][7] - The loan production in France showed recovery, with home loan production increasing by 37% for Regional Banks compared to Q1 2024 [7][18] Capital and Solvency - The phased-in CET1 ratio for Crédit Agricole S.A. stood at 12.1%, while the Group's ratio was 17.6%, benefiting from the positive impact of CRR3 [3] Strategic Initiatives - The Group continues to support energy transition initiatives, increasing its exposure to low-carbon energy financing by 141% since the end of 2020, totaling €26.3 billion by the end of 2024 [11][12] - Partnerships and acquisitions were highlighted, including the creation of a joint venture with Sofinco Leasing and the planned acquisition of Banque Thaler by Indosuez Wealth Management [5][40]

Core Viewpoint - Crédit Agricole S.A. is undergoing a significant governance restructuring, with a new executive team and organizational divisions set to take effect on June 1, 2025, aimed at enhancing operational efficiency and strategic focus [2][3][4]. Governance Structure - Olivier Gavalda will assume the role of CEO on May 14, 2025, and will propose the appointment of Jérôme Grivet as the sole Deputy Chief Executive Officer [2]. - The General Management will be organized into seven divisions, with specific responsibilities assigned to various executives [3][4]. Executive Divisions - Five divisions will report directly to Olivier Gavalda, including: - Technological Transformation, led by Olivier Biton, encompassing the Infrastructure Platform, Data/AI teams, and Information Systems [4]. - Corporate Secretary, managed by Véronique Faujour, overseeing Group Communication, Board Secretary, General Affairs, Security, and Public Affairs [4]. - Two divisions and control functions will be under Jérôme Grivet's supervision, including: - Universal Retail Banks, which includes LCL and Crédit Agricole Italia [5]. - International Banking and Services, led by Stéphane Priami, comprising various financial services [5]. Additional Divisions - Other divisions include: - Major Clients, under Jean-François Balaÿ, focusing on Crédit Agricole CIB and CACEIS [5]. - Client, Development and Innovation, led by Gérald Grégoire, which includes Retail Markets and Customer Communication [5]. - Transformation, Human Resources and Transitions, managed by Grégory Erphelin, focusing on sustainability and human resources [6]. - Finance and Steering, led by Clotilde L'Angevin, encompassing finance and investor relations [6]. Executive Committee Composition - The Executive Committee will consist of 18 members, including key figures such as Olivier Gavalda, Jérôme Grivet, and Clotilde L'Angevin, among others [8][14].

Core Viewpoint - Crédit Agricole S.A. is undergoing a significant governance restructuring, with a new executive team and organizational divisions set to take effect on June 1, 2025, aimed at enhancing operational efficiency and strategic focus [2][3][10]. Management Structure - Olivier Gavalda will assume the role of CEO on May 14, 2025, and will propose the appointment of Jérôme Grivet as the sole Deputy Chief Executive Officer [2]. - The General Management will be organized into seven divisions, with specific responsibilities assigned to various executives [3][4]. Divisional Responsibilities - Olivier Gavalda will oversee five divisions and the Corporate Secretary, which includes the Technological Transformation department led by Olivier Biton [4][5]. - Jérôme Grivet will supervise two divisions and control functions, including Universal Retail Banks and International Banking and Services [6][7]. Key Divisions and Leadership - Major Clients division will be led by Jean-François Balaÿ, while the Finance and Steering division will be managed by Clotilde L'Angevin [8][10]. - The new Savings and Wealth Management division will encompass Amundi, Crédit Agricole Assurances, and Indosuez Wealth Management, each led by their respective CEOs [8][9]. Executive Committee Composition - The Executive Committee will consist of 18 members, including key figures such as Olivier Gavalda, Jérôme Grivet, and Clotilde L'Angevin, among others [10][16].