Amundi Sa · EURONEXT:AMUN
Amundi Sa — Investor Day (June 2026)
48 slides from Amundi Sa's investor day presentation, Jun 25, 2026
Slide 1: Amundi Asia Workshop
Amundi Asia Workshop London, Thursday 25 June 2026
Slide 2: Disclaimer
Disclaimer Disclaimer This document does not constitute or form any part of an offer or invitation to sell, exchange, purchase or subscribe for, or a solicitation of an offer to purchase, exchange or subscribe for, any securities in any state or jurisdiction in which such an offer, solicitation or s
Slide 3: Speakers
Speakers Fannie Wurtz Vincent Mortier Olivier Mariée Deputy General Manager, Deputy General Manager, Head of Joint Ventures and Head of Clients Group, Chair of Asia Chief Investment Officer International Partner Networks Eddy Wong Katsumi Fujikawa Chief Executive Officer, Chief Executive Officer, As
Slide 4: Agenda
Agenda 1. Asia Overview 2. Highly Supportive Market Tailwinds 3. Multifaceted Approach in the Region 4. Action Plan 5. Conclusion 6. Q&A session Please give us your opinion about this event, take this survey (2 minutes max): 4 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 5: 1. Asia Overview
1. Asia Overview Our 2nd Home Market, and a Major Growth Engine for Amundi Fannie Wurtz Deputy General Manager, Head of Clients Group, Chair of Asia 5 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 6: Executive summary – A powerful growth engine for Amundi
Executive summary – A powerful growth engine for Amundi Fast-growing locally Powerful long-term tailwinds Acceleration plan anchored platform Forge strategic partnerships with Strong retail momentum €473bn +€ 84bn leading wealth players AuM at 4-year Expand coverage across all end-2025 x4 net inflow
Slide 7: Asia ambition for +€150bn net inflows by 2028
Asia ambition for +€150bn1 net inflows by 2028 Reminder of our Invest for the Future medium-term plan 1 2 3 4 5 6 CLIENTS GEOGRAPHIES SOLUTIONS TECHNOLOGY EFFICIENCY INVESTMENTS Invest in private assets Optimise by reallocating Conquer through Invest to Accelerate Expand our global and ETFs; differe
Slide 8: Our #2 home market powered by strong local footprint
Our #2 home market powered by strong local footprint Deeply rooted in the region for 50+ years Holistic setup to serve all client needs South Korea - €6bn 473bn NH-Amundi - €47bn 9 12 € AuM Mainland China - €19bn at end-2025 investment Amundi BOC WM - €4bn offices Japan - €27bn hubs1 ABC-CA - €34bn
Slide 9: Joint ventures – Powerful growth engines in major Asian markets
Joint ventures1 – Powerful growth engines in major Asian markets Strong track record Established in major markets with strong potential + 21% +€ 56bn 1 Strong demographic Massive retail/wealth High barriers net inflows trends (inc. ageing) potential to entry €361bn1 2022-25 €298 bn1 China €38bn1 10%
Slide 10: Direct presence – Strong and fast-growing local footprint
Direct presence – Strong and fast-growing local footprint Successful track record, A diversified business mix driven by strong inflows 1 By client segments1 2 By asset classes1 + 12% +€ 28bn CAGR net inflows 2022-25 2022-25 Third-party ETF & Index Institutionals distributors Active Corporates €112bn
Slide 11: Institutionals – Trusted partner to leading institutions
Institutionals – Trusted partner to leading institutions Insurers Pension Pension Insurers funds funds Partnership on Responsible Indexing partner Index & Active Partnership on Mandatory Fixed Income capabilities across multi-geography allocations for retirement goals Provident Fund (MPF) assets Pub
Slide 12: Third-party distributors – Successful partnerships with key leaders
Third-party distributors – Successful partnerships with key leaders Asset Banks Banks Banks Managers Tailor-made global equity fund blending two Amundi Signature CIO1 Fund series 2 major CIO1 funds co-created Strategic partnership since 2002 flagship strategies AuM €3.3bn Bank / Asset Asset Managers
Slide 13: Tailored & pragmatic approach to navigate Asia diversity
Tailored & pragmatic approach to navigate Asia diversity Unique & complementary setup to capture multifaceted growth across major Asian markets S. Korea China Japan Fast-growing market giants Taiwan India Hong Kong Thailand International markets Philippines Malaysia Indonesia Singapore Next-Gen cham
Slide 14: 2. Market trends
2. Market trends Highly supportive long-term market tailwinds Eddy Wong Katsumi Fujikawa Chief Executive Officer, Chief Executive Officer, Asia Japan 14 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 15: Retail – Asia is the fastest-growing retail region globally
Retail – Asia is the fastest-growing retail region globally Retail AuM 2020 – 2028 in Asia ($tn)1 Long-term tailwinds Asia Sustained wealth growth X 2 + 10% 2 Europe & rising middle class 23 7 + %2 Hong Kong & Singapore as 19 global cross-border hubs North America 11 Growing adoption of digital 9 +
Slide 16: Institutional growth – Large and fast-growing pool of assets
Institutional growth – Large and fast-growing pool of assets Institutional AuM 2020 – 2028 in Asia ($tn)1 Long-term tailwinds Asia X 2 7 + %2 Europe Sustained GDP growth 24 20 5 2 + %2 Acceleration of Defined Contribution (DC) retirement assets 4 13 North 9 America 3 8 Creation of new sovereign 5 +
Slide 17: Retirement - Ageing in Asia, driving demand for retirement solutions
Retirement - Ageing in Asia, driving demand for retirement solutions Share of 65+ in Asia outpacing Rest of World by 20501 21% 850m+ Asians 65+ X2 by 2050 Retirement savings gap in Asia by 20502 13% $160tn 11% 10% 8% 6% Asia Rest of World 2000 2025 2050 Share of 65+-year-olds in total population 1.
Slide 18: Diversification – Amid geopolitical uncertainty, investors seek diversification
Diversification – Amid geopolitical uncertainty, investors are increasingly looking for portfolio diversification 18 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 19: 3. Multifaceted approach in the region
3. Multifaceted approach in the region Olivier Mariée Head of Joint Ventures and Dynamic markets, 3.1 International Partner Networks mainly addressed via our JVs Eddy Wong Violet Wang General Manager, Amundi Chief Executive BOC Wealth Management Officer, Asia (by video) 19 AMUNDI ASIA W ORKSHOP | 25
Slide 20: Our JVs offer unique access to Indian, Chinese & South Korean markets
Our JVs offer a unique access to the dynamic Indian, Chinese & South Korean markets & their retail clients Unique distribution network, powered by our JV partners Our action plan • Deeply rooted local distribution channel 60k • Unique coverage combined local Ride the massive retail savings growth br
Slide 21: China – Highly complementary setup serving all clients' needs
China – Highly complementary setup serving all clients’ needs Our action plan JV +€2bn +€2bn €34bn €4bn AuM1 net AuM1 net Lead wealth acceleration inflows1 inflows1 € 58bn Explore other cross-border schemes Institutional clients AuM Direct presence Cross-border scheme: QDLP3 Amplify our institutiona
Slide 22: South Korea – Dual setup with strong momentum
South Korea – Dual setup with strong momentum Solid platform powered by strong JV Growing leadership & a growing Direct presence JV +€ 16bn Retirement: #6 Defined Contribution (DC) pension leader net inflows 2022-25 €47bn Investment performance: Korean Equity +€ 3bn top 1% fund €53bn net inflows Q1
Slide 23: South Korea – Unlock growth opportunities across all segments
South Korea – Unlock growth opportunities across all segments Our action plan JV Direct presence Grow ETF market share Diversify our client base Accelerate on Alternative & Private Assets Capture Defined Benefit acceleration 23 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 24: 3.2 International Markets panel discussion
3. Multifaceted approach in the region Eddy Wong Katsumi Fujikawa Panel discussion: Chief Executive Chief Executive 3.2 Officer, Asia Officer, Japan International Markets Albert Tse Swaha Pattanaik Panel Moderator Chief Executive Officer, Head of Publishing & Digital Strategy, Southeast Asia (by vid
Slide 25: Hong Kong
| Hong Kong Third-party distributors +€ 7bn Illustrative / not exhaustive net inflows €6bn 2022-25 Third-party distributors 15% + €24bn CAGR 2022-25 AuM at end-2025 Institutionals €18bn Institutionals 25 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 26: Japan
| Japan Third-party distributors +€ 6bn Illustrative / not exhaustive net inflows €8bn 2022-25 Third-party distributors Securities Banks Digital Asset firms managers €27bn Confidential AuM at end-2025 Institutionals €19bn Sovereign Financial Insurers Corporates Institutions Institutionals 26 AMUNDI
Slide 27: Client success story: Nomura Asset Management
Client success story: Nomura Asset Management Akemi Yano Senior Portfolio Manager 27 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 28: Singapore
| Singapore Third-party distributors +€ 6bn Illustrative / not exhaustive net inflows €6bn 2022-25 Third-party distributors 21% + €18bn CAGR 2022-25 AuM end-2025 Institutionals €12bn Institutionals 28 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 29: Client success story: Endowus
Client success story: Endowus Samuel Rhee Co-Founder and Chairman 29 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 30: South-East Asia & Japan
South-East Asia & Japan Japan - €27bn Taiwan - €7bn Hong Kong - €24bn Thailand - €2bn Malaysia - €10bn International markets Next-Gen champions Singapore - €18bn Direct presence Investment hub Other office AuM at end-2025 30 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 31: 3.3 Comprehensive range of solutions
3. Multifaceted approach in the region Vincent Mortier 3.3 Comprehensive range of solutions Deputy General Manager, Chief Investment Officer 31 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 32: Comprehensive global-local capabilities
Comprehensive global-local capabilities Global Top 10 1st Active ETF & expertise... Global¹ European¹ Management Indexing Asset Manager Asset Manager … Serving Responsible Investment Private assets & Alternatives local needs €2.4tn AuM Clients at end-2025 at the core Model Local Amundi Asia Asian JV
Slide 33: Global – State-of-the-Art global platform, comprehensive solutions
Global – State-of-the-Art global platform, comprehensive solutions Investment management capabilities + partnerships with leading players Active Management 59% 1,000+ Treasury Investment 50+ Since 2.0tn professionals 9% Amundi Institute 1999 Private, Alternative € experts & Structured 5% AuM1 at Sol
Slide 34: Amundi Investment Institute for Asia: for investment, client-oriented
Amundi Investment Institute for Asia: for investment, client-oriented Global-local widely recognized expertise, for all Asian clients Constant media presence Asset managers Local presence, global expertise Internal Retail Investment Banks Teams Thought leadership and Private Banks investment convict
Slide 35: Local – Asia-anchored platform serving local & global needs
Local – Asia-anchored platform serving local & global needs 5 Investment hubs1 tailoring local solutions Strong local capabilities serving local & global needs ~80 € 52bn ²²²Multi-assets Equity Fixed Income locally Investment managed • Asia Balanced • Single market • Single market professionals • As
Slide 36: Asian JVs – Recognised & Diversified local expertise from our JVs
Asian JVs – Recognised & Diversified local expertise from our JVs Highly diversified local capabilities Award-winning expertise … powered by 4 teams of Strong local expertise… Investment professionals Morningstar 2024 Best Asset Manager in India Active 77% Fixed income MoneyToday 2025 54% Equity Fun
Slide 37: Client success story: ttb
Client success story: ttb Navin Intharasombat Head of Wealth Securities 37 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 38: Client success story: Ant International
Client success story: Ant International Kelvin Li General Manager, Head of Global Fund Platform 38 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 39: 4. Action Plan: Accelerate our growth journey across Asia
4. Action Plan: Accelerate our growth journey across Asia Eddy Wong Chief Executive Officer, Asia 39 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 40: Ambition - Capture Asia's unique growth momentum
Ambition - Capture Asia’s unique growth momentum Deepen & Expand client reach Wealth Institutions JVs Retirement New frontiers l Forge strategic Amplify our Cement JV Be the preferred Capture new partnerships with institutional reach leadership partner for all local frontiers’ leading wealth across
Slide 41: Ambition unlocked by strengthening our platform
Ambition unlocked by strengthening our platform +30% FTEs by 20281 Invest in our Expand our talents solutions capabilities & platform excellence 1. vs. end-2024 41 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 42: 5. Conclusion
5. Conclusion Fannie Wurtz Deputy General Manager, Head of Clients Group, Chair of Asia 42 AMUNDI ASIA W ORKSHOP | 25 June 2026
Slide 43: Conclusion – A powerful growth engine for Amundi
Conclusion – A powerful growth engine for Amundi Fast-growing locally Powerful long-term tailwinds Acceleration plan anchored platform Forge strategic partnerships with Strong retail momentum €473bn +€ 84bn leading wealth players AuM 4-year Expand coverage across all at end-2025 x4 net inflows Insti
Slide 44: 6. Q&A
6. Q&A Fannie Wurtz Vincent Mortier Olivier Mariée Deputy General Manager, Deputy General Manager, Head of Joint Ventures and Head of Clients Group, Chief Investment Officer International Partner Chair of Asia Networks Please give us your opinion about this event, take this survey (2 minutes max): 4
Slide 45: Appendix
Appendix 45
Slide 46: Methodology & Alternative Performance Measures - APM (1/2)
Methodology & Alternative Performance Measures - APM (1/2) Amundi has chosen to present adjusted accounting data for certain Finally, the adjustments applied by Victory Capital, a listed income items (net revenues, general operating expenses, share of equity accounted entity, between its reported re
Slide 47: Methodology & Alternative Performance Measures - APM (2/2)
Methodology & Alternative Performance Measures - APM (2/2) = Accounting data (€m) 2025 Q1 2026 (€m) 2025 Q1 2026 = Adjusted data Net revenue (a) 3,342 814 Gross operating income (e)=(a)+(c) 1,446 357 * Quarterly series have - Amortisation of intangible assets (bef. Tax) (73) (18) Gross operating inc
Slide 48: Contact & Calendar
Contact & Calendar Investors & Analysts Calendar Cyril Meilland, CFA ⎯ Q2 & H1 2026 earnings release: Thursday 30 July 2026 Head of Investor Relations cyril.meilland@amundi.com Phone: +33 1 76 32 62 67 ⎯ Q3 & 9-month 2026 results: Thursday 29 October 2026 Mobile: +33 6 35 49 42 69 ⎯ Q4 & full year 2