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Amundi Investor Presentation

New subsidiary with BOC: a very promising partnership ◎ 中国银行 BANK OF CHINA New subsidiary created with Bank of China (Amundi BOC Wealth Management) in which Amundi holds a majority 55% capital stake - Bank of China is the 4th-largest Chinese bank (400m Retail clients, 23,000 branches) - The new JV is the 1st majority foreign-owned company in China offering Wealth Management products, a new market segment Partnership implemented quickly and in accordance with targets December 2019: plan announced to create the subsidiary¹ with BOC WM - October 2020: operational startup - December 2020: first products in the BOC network marketed Ambitious targets set for Amundi BOC WM for 2025: €60bn in AuM and ≥ €50m in Net Income (100%) Amundi has a unique position, covering all the segments of the fast-growing Chinese asset management market (expected CAGR² of >10% between 2019 and 2025), through its partnerships with two major banks (ABC and BOC) Significant potential for value creation and a growth driver in a high-potential region 1- Fully consolidated in the Income Statement with a 45% minority interest 2. Compound Annual Growth Rate 56 Amundi Investor Presentation - November 2021 Amundi CRÉDIT AGRICOLE GROUP
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