CREDIT AGRICOLE SA: The European Central Bank has notified its approval to cross the 20% threshold in the share capital of Banco BPM

Group 1 - The European Central Bank has approved Crédit Agricole S.A. to exceed the 20% threshold in the share capital of Banco BPM, allowing it to hold 20.1% of the bank's capital [1][2][7] - Crédit Agricole S.A. has entered into derivative instruments linked to Banco BPM shares, building an additional 0.3% stake through these derivatives, which it intends to physically settle [2][3] - The accounting impact of Banco BPM's first-time consolidation is approximately -€600 million on the "share of net income of equity-accounted entities" line in the Q4-25 income statement, while the net income impact for the full year 2025 is positive by around €200 million [4][3] Group 2 - The first-time consolidation of Banco BPM has a solvency impact of around +5 basis points on Crédit Agricole S.A.'s CET1 ratio [4] - Crédit Agricole S.A. maintains its position as a long-term shareholder and partner of Banco BPM, with no intention to acquire control or exceed the mandatory tender offer threshold [2][3]