
Core Viewpoint - Crédit Agricole S.A. is launching its annual capital increase reserved for employees, allowing eligible employees and retired former employees to subscribe to new shares at a discounted price [1][2]. Group 1: Capital Increase Details - The capital increase is reserved for 190,000 eligible employees and retired former employees of the Crédit Agricole Group [2]. - The subscription price for the new shares will be set at the arithmetic mean of the opening share prices from May 26 to June 20, 2025, with a 20% discount applied [2]. - The subscription period is scheduled to start on June 24, 2025, and end on July 8, 2025 [2]. Group 2: Share Issuance and Financial Impact - New shares will be issued on August 28, 2025, and will qualify for dividends related to the 2025 financial year [3]. - A maximum of 32 million shares may be issued, with a total par value of €96 million [3]. - Following the capital increase, a share buyback operation will be conducted to mitigate the dilutive effect, pending approval from the European Central Bank (ECB) [3]. Group 3: Employee Profit-Sharing Policy - This capital increase is part of Crédit Agricole Group's policy on employee profit-sharing linked to financial performance [3].