Credit Agricole Sa

The Combined General Meeting of Crédit AgricoleS.A. will be held on 12 May 2021 without the physical presence of its shareholders - Seite 2

The Notice of the meeting published the 24 March 2021, in the Bulletin des Annonces Légales Obligatoires (BALO), mentions the location and time of the General Meeting as determined by the Board at its meeting on 10 February 2021 and states, in particular, the exceptional processes for shareholder participation in the General Meeting of 12 May 2021. These processes are subject to regulatory provisions as well as the recommendations issued by the Autorité des Marchés Financiers in the exceptional context of the fight against the Covid-19 pandemic.

To ensure that, under these extraordinary circumstances, shareholders are able to exercise their rights under optimum conditions, shareholders shall notably be given the opportunity to ask questions, by chat, which will be answered at the meeting insofar as possible (the specific terms for organising this chat will be clarified later in the meeting notice and/or brochure). Shareholders are reminded that they will not be able to vote by conference or video call, considering the technical impossibility of doing so under satisfactory conditions. Shareholders will therefore have to exercise their voting rights prior to the General Meeting by mail-in ballot, online or through a proxy as explained in the Meeting Notice.

The agenda for the Combined General Meeting is provided in the Meeting Notice published in the BALO. The Meeting will be organised in three parts: a first Extraordinary General Meeting which will discuss changes to the Articles of Association to allow the payment of dividends in shares; an Ordinary General Meeting, followed by a second Extraordinary General Meeting. The last meeting will mainly examine a proposal to change the Articles of Association regarding the appointment of employee Directors, submitted with the unanimous support from the Social and Economic Committee.

The resolutions submitted to the Ordinary General Meeting will mainly include the approval of the annual and consolidated financial statements, the appropriation of net income and setting the dividend amount, with the option of paying the dividend in shares, subject to the approval of this possibility by the EGM.

In addition to the resolutions on related-party agreements and on compensation, there will be several other resolutions on the appointment of new Directors to replace Directors who have reached the age limit or whose terms of office are not renewable.

These include:
• Agnès AUDIER, Senior Advisor at BCG, to replace Laurence DORS;
• Marianne LAIGNEAU, Chairwoman of the Enedis Management Board, to replace Monica MONDARDINI;