Issuer Call Notice 15 May, 2025 To : BNP Paribas, as (the “Fiscal Agent, Principal Paying Agent and Listing Agent in Luxembourg’’);Paying Agent and Listing Agent in the Netherlands;The Noteholders of the below mentioned Notes;Luxembourg Stock Exchange; andEuronext Amsterdam. Dear Sirs, Banque Fédérative du Crédit Mutuel € 750,000,000 Undated Deeply Subordinated Fixed to Floating Rate Notes (the “Notes”) (ISIN Code: XS0207764712) Banque Fédérative du Crédit Mutuel is the issuer (the “Issuer’’) of ...

Core Viewpoint - Ageas SA/NV successfully placed EUR 500 million in subordinated fixed to floating rate notes, indicating strong market interest with over 3 times oversubscription [1][2]. Group and Company Summary - The notes have a maturity date in May 2056 and a first call date in November 2035, with a fixed coupon rate of 4.625% until the first reset date on May 2, 2036 [1][2]. - After the first reset date, the coupon will shift to a quarterly payment based on a 3-month Euribor floating rate plus an initial credit spread of 215 basis points and a 100 basis points step-up [2]. - The notes qualify as Tier 2 capital under the Solvency II regime and are rated A- by Fitch, with expectations of a similar rating from Standard and Poor's [3]. - The net proceeds from the issuance will be utilized for financing the acquisition of esure and for general corporate purposes, optimizing the capital structure of the group [4]. - Ageas is a prominent international insurance group with a 200-year heritage, focusing on life and non-life insurance products across Europe and Asia, employing around 50,000 people and reporting annual inflows of EUR 18.5 billion in 2024 [5].