Crédit Agricole (OTCPK:CRAR.F) 2025 Capital Markets Day November 18, 2025 04:30 AM ET Company ParticipantsJacques-Henri Gaulard - Head of Banks Sector ResearchGrégory Raffalin - Deputy General Manager of Transformation, HR, and TransitionEric Campos - Chief Sustainability and Impact OfficerStéphane Priami - Deputy General ManagerGérald Grégoire - Deputy GM of Customer, Development, and InnovationClotilde L'Angevin - CFO and Deputy GM of Finance and SteeringCécile Mouton - Head of Investor RelationsJean-Fran ...

Core Insights - The Nobel Sustainability Trust (NST) commended Qatar for its leadership in sustainability and innovation, highlighting the nation's commitment to creating a sustainable future and inspiring global movements towards responsible growth [1][4][8] Group 1: Qatar's Achievements in Sustainability - Qatar's leadership is characterized by a strategic approach that integrates sustainability into all layers of national development, as emphasized by H.E. Abdullah bin Hamad Al Attiya, Minister of Municipality and Chairman of Qatari Diar [2] - NST delegates witnessed groundbreaking sustainability initiatives during their visit, reinforcing Qatar's position as a leader in environmental responsibility and sustainable advancement [3] Group 2: Statements from NST Leadership - Peter Nobel, Chairman of NST, described Qatar's achievements as inspirational and transformative, noting that the nation is redefining leadership with vision, purpose, and responsibility [4] - Tracy Wang, CEO of NST, remarked on the spirit of collaboration and innovation in Qatar, indicating that the nation is building a legacy of progress that will serve as a global benchmark for sustainable transformation [4] Group 3: NST's Commitment - The Nobel Sustainability Trust reaffirmed its commitment to showcasing Qatar's accomplishments on the world stage, recognizing the nation as a leading force in sustainable development and innovation [4][5]

NUMBER OF SHARES COMPOSING CURRENT SHARE CAPITAL AND TOTAL NUMBER OF VOTING RIGHTS AS OF 6 NOVEMBER 2025Regulated Information Paris, 14 November 2025 Information about the total number of voting rights and shares pursuant to Article L.233-8 II of the French Commercial Code and Article 223-16 of the AMF General Regulations. DateNumber of shares composing current share capitalTotal number ofvoting rights6 November 2025766,894,786 Gross: 853,534,087 Press contacts: Jean-Baptiste Froville_+33 1 58 98 68 00_ jea ...

Financial Data and Key Metrics Changes - The company reported an EBITDA of COP 12.3 trillion for the third quarter, with an EBITDA margin of 41% and a net income of COP 2.6 trillion, reflecting a recovery in the refining segment and strict operational expense control [27][28] - Year-to-date investment reached nearly $4.2 billion, representing 72% of the annual target, fully aligned with the strategic roadmap [8][36] - Cumulative EBITDA for the year reached COP 36.7 trillion, demonstrating strong adaptability through a commercial strategy that leveraged favorable product and crude differentials [28][29] Business Line Data and Key Metrics Changes - The exploration and production segment achieved a total accumulated production of 751,000 barrels of oil equivalent per day, in line with the target range of 740,000-750,000 [12][66] - The midstream segment transported an average of 1,118,000 barrels per day, reflecting a 1% increase compared to the third quarter of 2024 [15] - Refining operations reached a throughput of approximately 429,000 barrels per day, marking the second highest quarterly level in the segment's history [16][17] Market Data and Key Metrics Changes - The company reported a 15% decline in Brent prices year-to-date, impacting overall financial performance [27] - The average production from the Permian Basin was reported at 106,000 barrels of oil equivalent per day, contributing 14% to the total production [13] Company Strategy and Development Direction - The company is focused on reinforcing core business operations, maintaining financial discipline, and advancing strategic projects driven by energy transition and security [4] - A commitment to sustainability is evident, with a reduction of greenhouse gas emissions by 379,000 tons of CO2 equivalent and an increase in renewable energy capacity to 234 megawatts [8][9] - The company is exploring divestment options for non-priority assets while seeking partnerships to maximize value in higher profitability assets [77][80] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the current challenging environment, emphasizing the importance of operational and financial stability [27][38] - The company anticipates a more challenging price environment in 2026, focusing on maintaining low lifting costs and strict capital discipline [36][37] Other Important Information - The company has achieved COP 4.1 trillion in efficiencies this year, exceeding its target by 40% [30] - The company received ISO 37001 certification, reflecting its commitment to ethical business conduct and compliance with international anti-bribery standards [9] Q&A Session Summary Question: Clarification on the potential sale of the Permian asset - Management clarified that there is no formal instruction or political request to sell the Permian asset, and any decision will be rigorously analyzed by the board of directors [41] Question: Risk of a senior management member being on the OFAC list - The company has a robust compliance system in place to monitor risks and ensure operational continuity [42][44] Question: Impact of exchange rate fluctuations - A COP 100 variation in the exchange rate can affect net profit by COP 700 billion, with current rates positively impacting EBITDA [51][52] Question: Government assistance for the Sirius project - The company is working closely with the government to facilitate the Sirius project, with ongoing consultations expected to conclude by July 2026 [54][55] Question: Potential default due to DIAN embargo - The company has taken measures to protect its rights and has been meeting its financial obligations, with no current risk of default [58][60] Question: Production growth outlook for 2026 - The company aims to maintain production levels similar to 2025, despite oil price volatility [66] Question: Refining margins and EBITDA drivers - The improvement in refining margins is attributed to operational efficiency, cost management, and maximizing high-value products [68][82]

Core Viewpoint - TotalEnergies has partnered with DelAgua to distribute improved cookstoves to 200,000 households in Rwanda, aiming to provide clean cooking solutions to over 800,000 people by 2030, aligning with Rwanda's clean cooking ambitions and TotalEnergies' sustainability goals [1][2][5]. Summary by Relevant Sections Partnership and Initiative - TotalEnergies and DelAgua will distribute 200,000 high-performance cookstoves within one year, benefiting over 800,000 Rwandans in rural areas [2]. - The initiative aims to reduce harmful smoke emissions by 81% and wood consumption by 71% compared to traditional cooking methods [2]. Environmental Impact - The project is expected to prevent the emission of over 2.5 million tons of CO2 equivalent over the next ten years [2]. - Universal access to clean cooking solutions could save up to 1.5 billion tons of CO2 equivalent by 2030, with 900 million tons in Africa alone [6]. Health and Social Benefits - Clean cooking solutions will improve air quality, reducing the risk of respiratory complications and cardiovascular diseases [6]. - The initiative aims to reduce gender inequality by facilitating access to education and employment for women, saving significant time otherwise spent collecting wood for cooking [6]. Carbon Credits - The carbon credits generated from this project will be acquired by TotalEnergies and certified by VERRA, pending approval under the Paris Agreement [3][4].

Core Viewpoint - The COP30 United Nations climate talks are taking place in Belem, Brazil, highlighting the importance of sustainable practices in the region [1] Group 1 - The town of Soure on Marajo Island is showcasing an unusual mode of sustainable development during the climate talks [1]

Core Insights - The Simandou project marks the beginning of operations at Africa's largest greenfield integrated mine and infrastructure project, which is home to the world's largest known untapped deposit of high-grade iron ore [1][2] Project Overview - The project is co-developed by the Government of Guinea, SimFer, and Winning Consortium Simandou (WCS), with infrastructure and rolling stock to be operated by Compagnie du TransGuinéen (CTG) [5] - The project includes over 600 kilometers of new multi-use trans-Guinean rail and port facilities, supporting the export of up to 120 million tonnes per year of iron ore [3][4] Economic Impact - The inauguration of the Simandou project is seen as a foundational milestone for Guinea, positioning the country as a key player in sustainable development and economic sovereignty in West Africa [6] - The project is expected to unlock a new source of high-grade iron ore, which is in demand for low-carbon steel making, enhancing the portfolios of companies involved [7] Joint Ventures and Stakeholders - The Simfer joint venture consists of Simfer S.A. and is owned by the Government of Guinea (15%) and Simfer Jersey Limited (85%), with Rio Tinto Group and Chalco Iron Ore Holdings as key stakeholders [8][9] - WCS is a consortium that includes Winning International Group, Weiqiao Aluminium, and Baowu Resources, with a combined ownership structure of 51% and 49% respectively [7]

Luxembourg, November 6, 2025 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company” or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2025. 3Q 2025 key highlights: Safety focus: Protecting employee health and safety is a core value of the Company. LTIF rate of 0.76x in 3Q 2025. In the first year of our three-year safety transfor ...

Core Insights - SouthernSun Asset Management's "SouthernSun Small Cap Strategy" reported a gross return of 11.73% for Q3 2025, underperforming the Russell 2000 Index and Russell 2000 Value Index which returned 12.39% and 12.60% respectively [1] - Over the trailing twelve months, the strategy returned -0.66% gross, significantly lower than the 10.76% and 7.88% returns of the respective indexes [1] Company Analysis: Darling Ingredients Inc. (NYSE:DAR) - Darling Ingredients Inc. was highlighted as a significant detractor in the SouthernSun Small Cap Strategy for Q3 2025, having previously been a top contributor in Q2 2025 [2][3] - The company specializes in converting edible by-products and food waste into sustainable products and is a leading renewable energy producer [3] - Over the last 52 weeks, Darling Ingredients' stock has decreased by 17.32%, closing at $32.56 on November 4, 2025, with a market capitalization of $5.151 billion [2] - Despite recent challenges, the company is expected to see improvements in top-line and bottom-line results in 2026 due to fundamental and regulatory changes [3] - The base Food and Feed businesses are providing support for the struggling Fuel business, acting as a natural hedge [3] - Darling Ingredients' vertically integrated supply chain and low-cost position have shown resilience against market headwinds [3] - Operational improvements and an upgraded asset base are anticipated to enhance operating profitability and discretionary cash flow as market conditions improve [3]

KPN Strategy Update | November 5, 2025 Connect Activate Grow Agenda 2 | KPN Strategy Update | November 2025 1. Progress so far 2. Infrastructure Value: Driving connected asset value 3. Transformation Value: Activating the change engine to deliver strategic value 4. Customer Value: Growing by differentiated offerings to customers 5. Financial Value: Financial framework and outlook 6. Q&A Strengthening Our Position via M&A, strategic partnerships and portfolio expansion 3 | KPN Strategy Update Our Progress | ...