Amundi Investor Presentation

A transaction strengthening Amundi's positioning in key areas of expertise, and strongly value enhancing A strategic opportunity • Amundi acquires the Lyxor's core activities, totalling €124bn AuM1 (ETF and active management) - Activities from Lyxor retained by Société Générale: structured asset management² and other activities dedicated to private banking3 (structuring of solutions, funds selection) Lyxor is a pioneer in the European ETF space with a recognised expertise in active management Amundi will become the European leader and the #2 player in Europe in the ETF market - - €142bn combined ETF AuM as of December 31st 2020 A fast-growing European ETF market: +12% CAGR expected over 2020-2025e4 Amundi will also complement its product offering in active management, notably through the integration of Lyxor's alternative investment platform Total cash consideration of €825m for the Lyxor's core activities • Purchase price of €755m, adjusted for €70m excess capital5 • A value enhancing acquisition • Implied 2021e P/E multiple of ~10x, including cost synergies only Estimated run-rate annual revenue and cost synergies of ~€30m6 and ~€60m6, respectively • Return on Investment > 10% in year 3 after completion, including cost synergies only7 . ~+7% accretive on Amundi's 2021e EPS, including run-rate cost synergies only8 Timeline • Subject to works councils consultation and customary regulatory approvals Completion of the transaction expected by February 2022 at the latest Limited execution risk considering Amundi's track-record of successful integrations 1. Data as of December 31st 2020; 2. Solutions intended for Societe Generale's global markets clients; 3, Activities dedicated to savings solutions and carried out for Societe Generale (Branch networks and Private Banking) such as structuring of saving solutions, funds selection and the supervision of the SG Group's asset management companies; 4, Sources: Cerulli, ETFGI; 5. Excess capital vs. asset management regulatory capital requirement applicable to Lyxor; 6, Pre-tax; 7. Based on the purchase price excluding excess capital, i.e. €755m; calculation accounting for run-rate cost synergies 8. Based on consensus 2021e EPS, accounting for run-rate cost synergies 41 | Amundi Investor Presentation - November 2021 Amundi GROUPE CRÉDIT AGRICOLE CREDIT AGRICOLE GROUP

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