Core Viewpoint - Crédit Agricole S.A. has announced a share repurchase program for up to 15,128,677 ordinary shares, aimed at offsetting the dilutive effect of a capital increase reserved for employees [1][2]. Group 1: Share Repurchase Program Details - The share repurchase program will commence on October 1, 2024, and conclude no later than November 29, 2024 [1]. - Shares acquired under this program will be cancelled [1]. - An independent investment services provider has been instructed to execute the share purchases during the specified period [2]. Group 2: Regulatory Compliance - The share purchases will be conducted on the regulated market of Euronext Paris and will adhere to the relevant regulatory technical standards [3]. - The existing liquidity agreement with Kepler Cheuvreux will be temporarily suspended during the execution of the share repurchase program [4]. Group 3: Documentation and Transparency - Details of the share repurchase program are available in the Universal Registration Document filed with the Autorité des marchés financiers [5].

Montrouge, August 29th, 2024 2024 CAPITAL INCREASE RESERVED FOR EMPLOYEES Crédit Agricole S.A.'s capital increase reserved for the 180,000 Crédit Agricole Group employees and retired former employees1, the subscription period of which ran from 27 June to 10 July 2024, was completed on 29 August 2024. 23,918 people, in France and around the world, subscribed, for a total amount of €169.0 million. The investment scheme proposed a subscription with a 20% discount on the share price, calculated according to the ...

Montrouge, August 8th, 2024 Availability of the 2024 interim financial report Crédit Agricole S.A. informs the public that the Amendment A03 to the 2023 Universal Registration Document has been filed with the French Financial Markets Authority (AMF) on August 8th, 2024, under number D.24- 0156-A03. This document is made available to the public, in accordance with the conditions provided for by the regulations and may be consulted in the "URD and Amendments" section of the Company's website: https://www.cred ...

Financial Data and Key Metrics Changes - For the first half of 2024, the company reported a net profit of €3.7 billion, which is an increase of 14% compared to the previous year, while the quarterly net profit for Q2 2024 was €1.8 billion, down 10% year-over-year [2][4] - The cost-income ratio was reported at 53.4% for the first half and 53.2% for the quarter, indicating efficient cost management [3] - The return on tangible equity was above 15%, specifically at 15.5%, significantly exceeding the medium-term target of 12% [3] - The CET1 ratio stood at 11.6%, down 20 basis points from the end of Q1 2024, but still above the target of 11% [3][16] Business Line Data and Key Metrics Changes - Retail banking activities showed good customer acquisition and an increase in customer deposits in France and Italy, with a slight stabilization in home loan activity [5][6] - Consumer finance loans, particularly for car financing, remained strong with new loan production around €12 billion for the quarter [6] - Insurance activities experienced significant growth in life insurance inflows and steady growth in premium income for property and casualty insurance [6][36] - Asset management activities reached record levels in terms of inflows and assets under management [7] Market Data and Key Metrics Changes - The company noted a slight increase in production of new corporate loans in France, while retail banking abroad saw significant growth in new loans [5][6] - Customer deposits in retail banking in France showed signs of stabilization, with a slight rebound in site deposits after a period of decline [18][30] Company Strategy and Development Direction - The company aims to exceed its initial net profit forecast of €6 billion for 2025, now targeting it for 2024 [2] - Management emphasized the importance of maintaining competition in the banking sector, especially in light of potential new levies in Italy [20] - The company is open to further consolidation opportunities in specialized business lines, while remaining cautious about large cross-border retail bank consolidations [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the net profit target for 2024, despite normal seasonal fluctuations expected in Q3 and Q4 [60] - The impact of recent ECB rate cuts was noted as modest, with potential implications for home loan pricing and competition among banks [58][59] - The company remains vigilant regarding the economic environment and consumer behavior, particularly in relation to political uncertainties in France [41] Other Important Information - The company reported a stable cost of risk, with non-performing loans (NPL) remaining at 2.2% and a high coverage ratio [13][14] - The liquidity situation remains strong, with liquidity reserves close to €480 billion and customer deposits continuing to grow [17] Q&A Session Summary Question: Comments on potential new solidarity levy for Italian banks - Management stated that while new levies could impact all banks, it is not seen as a game changer and competition must be maintained [20] Question: Consolidation plans in Europe - Management indicated that consolidation opportunities would focus on specialized business lines rather than large commercial banks due to existing headwinds [21] Question: Update on Degroof Petercam integration - Management confirmed that integration costs are modest at €5 million, with an expected contribution to net profit of €150 million to €200 million by 2028 [22] Question: Impact of regulatory changes on capital - Management discussed the neutral impact of Basel IV and the phasing out of IFRS 9, with some expected negative impacts in Q4 2024 [27][28] Question: Outlook for French retail banking - Management noted a positive outlook for net interest income, driven by stabilization in customer deposits and a reduction in the cost of regulated savings accounts [30][31] Question: Strength in the insurance business - Management highlighted strong commercial momentum in insurance, particularly in life insurance, despite complexities from IFRS 17 [36] Question: Performance in consumer finance - Management attributed strong performance in consumer finance to investments in mobility financing and improved margins due to reduced refinancing costs [51]

RESULTS OF THE SECOND QUARTER AND FIRST HALF 2024 WORKING EVERY DAY IN THE INTEREST OF OUR CUSTOMERS AND SOCIETY Disclaimer The financial information on Crédit Agricole S.A. and Crédit Agricole Group for the second quarter and first half of 2024 comprises this presentation and the attached appendices and press release which are available on the website: https://www.credit-agricole.com/en/finance/financial-publications This presentation may include prospective information on the Group, supplied as informatio ...

Core Points - Crédit Agricole S.A. announced the redemption of USD 1,250,000,000 Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes issued on February 27, 2019, effective September 23, 2024 [1][2] - The redemption will include the outstanding nominal amount and any accrued interest, referred to as the Redemption Amount [1] - Holders of the Notes will receive formal notice of the redemption in accordance with the Terms and Conditions [2] Summary by Sections - **Redemption Announcement** - The Issuer, Crédit Agricole S.A., will redeem all outstanding Notes amounting to USD 1,250,000,000 on September 23, 2024 [1] - The redemption is pursuant to Condition 7.2 of the Terms and Conditions outlined in the prospectus dated February 21, 2019 [1] - **Interest Accrual** - 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] - **Communication and Legal Restrictions** - The press release does not constitute an offer to buy or sell the Notes in certain jurisdictions, including the United States, Canada, Australia, or Japan [3][4][6] - No prospectus will be published in connection with the redemption for the purposes of the Prospectus Regulation [5]

- 33.741.294,95 € - 1.088.702 shares INVESTOR RELATIONS CONTACTS CRÉDIT AGRICOLE S.A. REDUCTION OF RESOURCES TO THE LIQUIDITY CONTRACT WITH KEPLER CHEUVREUX PRESS CONTACTS CRÉDIT AGRICOLE S.A. Read all press releases at: www.credit-agricole.com - www.creditagricole.info PRESS RELEASE Montrouge, June 28, 2024 Detailed information can be found on Crédit Agricole S.A.'s website at the following address: https://www.credit-agricole.com/en/finance/regulated-information Institutional Investors + 33 1 43 23 04 31 ...

Core Viewpoint - Crédit Agricole is positioned to deliver attractive returns through a combination of resilient earnings, a high dividend yield, and stable profitability despite limited sensitivity to interest rate changes, leading to a "Buy" rating for the stock [2][10][22]. Financial Performance - Crédit Agricole reported a net interest income decline in its French Retail Banking segment, which constitutes about 30% of its revenue, due to long-term fixed-rate mortgages making up 62% of its loan book [3][7]. - The bank's underlying net income has grown approximately 8% since 2021, with stable profitability reflected in a return on tangible equity (ROTE) of 12.6% in 2023, consistent with previous years [7][14]. Dividend Policy - The management's dividend policy aims for a 50% payout of net income, resulting in a dividend yield of around 7.5% based on current earnings [9][22]. - The 2023 dividend per share was approximately 24% higher than the 2021 payout on an underlying basis, indicating a positive trend in dividend growth [24]. Valuation Metrics - Crédit Agricole shares are trading at 0.79 times tangible book value per share, with a price-to-earnings (P/E) ratio of about 6.7x, suggesting a significant earnings yield of 15% based on historical ROTE [15][22]. - The bank's ability to maintain a stable ROTE of around 12% positions it well for potential valuation upside, even in a flat market environment [22][23]. Market Position - Crédit Agricole is one of the least sensitive banks in Europe to interest rate changes, which has allowed it to maintain stable profitability during varying interest rate environments [5][12]. - The bank's diverse revenue mix, including significant contributions from non-interest-based business lines, supports its resilience against interest rate fluctuations [12][14].

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street anal ...

Company Overview - Golub Capital BDC operates in the Financial - SBIC & Commercial Industry, which consists of 34 stocks and is currently ranked 140. The industry has seen a movement of +7% since the beginning of the year [1] - Credit Agricole SA is part of the Finance group, which includes 854 companies and is ranked 11 within the Zacks Sector Rank, considering 16 different sector groups [4] Performance Metrics - The consensus estimate for Golub Capital BDC's current year EPS has increased by 1% over the past three months, and the stock holds a Zacks Rank of 2 (Buy) [2] - Golub Capital BDC has outperformed the Finance sector with a year-to-date return of 4.3% [6] - Credit Agricole SA has returned 3.4% so far this year, outperforming the Finance group average of 2.4% [9] Analyst Sentiment - The Zacks Consensus Estimate for Credit Agricole SA's full-year earnings has moved 4.7% higher in the past quarter, indicating improving analyst sentiment and a positive earnings outlook [5] - The Zacks Rank system emphasizes earnings estimates and revisions, with Credit Agricole SA currently holding a Zacks Rank of 2 (Buy), suggesting a favorable outlook [8]