Credit Agricole Sa · EURONEXT:ACA
Credit Agricole Sa — Q3 2026 Earnings Presentation
93 slides from Credit Agricole Sa's earnings presentation, Oct 30, 2026
Slide 1: Results for the 3rd Quarter and First 9 Months of 2026
RESULTS FOR THE 3RD QUARTER AND THE FIRST 9 MONTHS OF 2026
Slide 2: Disclaimer
Disclaimer NOTE The The financial information on Crédit Agricole S.A. and Crédit Agricole Group for the third quarter and first nine months of 2026 comprises this press release, the presentation slides and the attached appendices which are available on the website: https://www.credit- Crédit Agricol
Slide 3: Key messages and figures
Key messages and figures 3 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 4: Strong results, accelerated growth in Europe
STRONG RESULTS, ACCELERATED GROWTH IN EUROPE • Strong results driven by higher revenues and a significant positive jaws • Limited impact of market conditions on solvency, solid liquidity position • Launch of CA Deutschland, a universal bank in Germany • Proposed acquisition of IKB, a leading player
Slide 5: CA Savings: continued roll-out of the digital savings platform
CA SAVINGS | CONTINUED ROLL-OUT OF THE DIGITAL SAVINGS PLATFORM April 2026 Mid-June – September Mid-October – December From 2027 onwards CA Savings website launched Launch of the commercial phase in Cross-selling with Integration of financial savings in Germany a highly competitive environment produ
Slide 6: Crédit Agricole Deutschland: universal bank launched in October 2026
CRÉDIT AGRICOLE DEUTSCHLAND | UNIVERSAL BANK LAUNCHED IN OCTOBER 2026 From launch, a range of products Differentiation based on a A banking app meeting the covering the main needs of wide range of savings highest market standards German customers products Savings products A broad range of savings pr
Slide 7: IKB: a leading player in financing German Mittelstand
IKB | A LEADING PLAYER IN FINANCING GERMAN MITTELSTAND IKB, a well-established franchise since 1924 Leveraging the balance sheet and expertise of Crédit Agricole S.A. to support an ambitious development plan • A recognised player amongst German SMEs and Midcaps, with • Deepening relationships with I
Slide 8: Launch of Crédit Agricole Capital Naturel
LAUNCH OF CRÉDIT AGRICOLE CAPITAL NATUREL | REGENERATION AND ENHANCEMENT OF ECOSYSTEMS Customer needs Natural Local stakeholders relating to natural Corporates Investors Savers asset owners & authorities capital Operating across the Directing Initiating and implementing Advising and supporting Finan
Slide 9: Crédit Agricole S.A. Q3-26 Summary
Crédit Agricole S.A. Q3-26 Summary 9 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 10: Key figures
KEY FIGURES CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. 9M-2026 3rd QUARTER 2026 9M-2026 3rd QUARTER 2026 Revenues €31,378m €10,497m Revenues €21,449m €7,092m +8.8% 9M/9M +10.7% Q3/Q3 +7.5% Q3/Q3 +5.3% 9M/9M GOI €13,268m €4,564m GOI €9,670m €3,164m +18.5% 9M/9M +23.6% Q3/Q3 +9.4% 9M/9M +14.6% Q3/Q3 N
Slide 11: Sustained activity, acceleration of the digital transformation
CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. ACTIVITY SUSTAINED ACTIVITY, ACCELERATION OF THE DIGITAL Change Sept. 26/Sept. 25 TRANSFORMATION New retail banking Total: 573K France: 429K • Customer capture: 1.8m new customers in 9M-26 customers Q3-26 Italy: 47K Others: 97K • Acceleration of the digital
Slide 12: High revenues that continue to grow
CRÉDIT AGRICOLE S.A. REVENUES HIGH REVENUES THAT CONTINUE TO GROW Q3/Q3 change in revenues, by business line (€m) Quarterly revenues (€bn) +7.5% +€494m 7.1 6.6 6.5 6.3 NII: recovery 5.5 Strong performance continued in 5.3 in personal finance 5.2 Record Q3 France (+18%), 5.0 results driven Mobility:
Slide 13: Positive jaws +5.1 pp
CRÉDIT AGRICOLE S.A. EXPENSES POSITIVE JAWS +5.1 PP Q3/Q3 change in expenses, by business line (€m) Breakdown by nature of costs (€m) +2.4% +€91m +3.2% Change in recurring expenses +€123m +64 +6 3,928 3,837 +25 +62 LCL -67 Strategic projects transformation CIB: CA Savings and plan increase in CA Deu
Slide 14: Cost of risk under control
CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. RISKS COST OF RISK UNDER CONTROL Crédit Agricole S.A. cost of risk (€m) Cost of risk by business line Cost of risk/outstandings (bp, annualised) increased overlays on + 19.6% LC 8% CC 7% certain portfolios and rating effects (€30m) IRB LC 9% Crédit Agricole
Slide 15: Cost of risk by business line
CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. RISKS COST OF RISK BY BUSINESS LINE Cost of risk/outstandings (1) (bp, annualised) o/w €78m in legal provisions (UK car loans) recognised between Q3-25 and Q1-26 163 144 148 145 145 o/w Banca Progetto ➔ CAPFM: incurred risk in France stable at a high level
Slide 16: Strong results driven by a sharp rise in GOI
CRÉDIT AGRICOLE S.A. RESULTS STRONG RESULTS DRIVEN BY A SHARP RISE IN GOI (+14.6%) Q3/Q3 change in Net income Group share by business line (€m) Change in Q3/Q3 net income Group share by P&L line (€m) Gross Gross +€407m operating +€403m +14.7% operating +11.0% income +14.6% income +€177m (1) +44 +494
Slide 17: Stable solvency ratio (target at 11%)
CRÉDIT AGRICOLE S.A. STRONG FINANCIAL POSITION – CRÉDIT AGRICOLE S.A. STABLE SOLVENCY RATIO (TARGET AT 11%) Change in CET1 ratio (bp) Change in RWA by business line (€bn) -0.1% -€0.6bn +34 bp 435 + 1.7 434 12 -0.2 -0.8 12 -22 bp -1.1 -0.3 11.3% -17 bp 11.2% 60 60 OCI: -13 bp Employee rights issue an
Slide 18: Very high capital
CRÉDIT AGRICOLE GROUP STRONG FINANCIAL POSITION – CRÉDIT AGRICOLE GROUP VERY HIGH CAPITAL Change in CET1 ratio (bp) Change in RWA by business line (€bn) +27 bp -8 bp +0.8 +2.0 -13 bp 688 688 17.3% 17.2% 13 14 -0.7 -1.1 -0.9 89 89 OCI: -10 bp Employee rights issue and related SBB : -3 bp 586 585 Ju
Slide 19: Strong liquidity position
CRÉDIT AGRICOLE GROUP STRONG FINANCIAL POSITION – CRÉDIT AGRICOLE GROUP STRONG LIQUIDITY POSITION Liquidity reserves (€bn) Customer deposits (€bn) 491 by nature by type of customers 475 Eligible collateral already pledged to Central Banks 123 and unencumbered 129 3% 16% 11% 45 Other non-HQLA securit
Slide 20: Income statement
CRÉDIT AGRICOLE S.A. INCOME STATEMENT M€ Q3-26 Q3/Q3 9M-2026 9M/9M Revenues 7,092 +7.5% 21,449 +5.3% Operating expenses (3,928) +2.4% (11,779) +2.2% Gross operating income 3,164 +14.6% 9,670 +9.4% Cost of risk (585) +19.6% (1,598) +18.9% Equity-accounted entities 105 -12.2% 500 +13.7% Net income on
Slide 21: Crédit Agricole S.A. Business lines
Crédit Agricole S.A. Business lines 21 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 22: Asset gathering – Insurance
CRÉDIT AGRICOLE S.A. ASSET GATHERING – INSURANCE Savings/Retirement Property and personal insurance Net inflows (€bn) Premium income (€bn) (1) (1) 1 +8.6% (1) (1) +6.1 Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M Q3/Q3 (in €m) +2.6 +3.8 3,1 3,0 (1) Revenues 704 +4.3% 2,270 +3.5% 2,8 +9% +3.2
Slide 23: Asset gathering – Asset management (Amundi)
CRÉDIT AGRICOLE S.A. ASSET GATHERING – ASSET MANAGEMENT (AMUNDI) Assets under management (in €bn) +11.3% Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M -0.1% (in €m) Revenues 890 +11.6% 2,617 +6.4% 2,581 +21.2 +19.7 +4.7 2,579 2,317 - 39.1 - 8.8 Associates Operating expenses (465) (12.2%) (1,3
Slide 24: Asset gathering – Wealth management (Indosuez)
CRÉDIT AGRICOLE S.A. ASSET GATHERING – WEALTH MANAGEMENT (INDOSUEZ WEALTH MANAGEMENT) Assets under management (in €bn) +13.2% Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M +2.8% (in €m) + 2.1 + 4.8 256 Revenues 433 +9.8% 1,306 +5.2% 249 226 Operating expenses (336) +0.1% (1,020) (0.7%) Gross
Slide 25: Large customers – Corporate and investment banking
CRÉDIT AGRICOLE S.A. LARGE CUSTOMERS – CORPORATE AND INVESTMENT BANKING Revenues (€m) +3.2% Var 9m/9m +10.4% Var 5,340 Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M Q3/Q3 5,174 445 630 (in €m) +41.7% 1,748 1,582 Revenues 1,748 +10.4% 5,340 +3.2% Investment 182 +42.4% banking 128 2,184 2,155 (
Slide 26: Large customers – Asset servicing (CACEIS)
CRÉDIT AGRICOLE S.A. LARGE CUSTOMERS – ASSET SERVICING (CACEIS) Assets under custody – AUC (€bn) Assets under administration – AUA (€bn) Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M (in €m) Revenues 549 +6.4% 1,658 +6.5% Operating expenses (361) +0.7% (1,055) (3.1%) Gross operating income 18
Slide 27: SFS – Personal finance and mobility
CRÉDIT AGRICOLE S.A. SFS – PERSONAL FINANCE AND MOBILITY Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M Gross managed loans (€bn) Consolidated loans outstanding (€bn) (in €m) Revenues 676 (2.7%) 2,055 (1.0%) +2.4% Operating expenses (364) +5.9% (1,101) +4.5% Other CAPFM 122.0 124.3 124.9 ∆ ent
Slide 28: SFS – Leasing & factoring
CRÉDIT AGRICOLE S.A. SFS – LEASING & FACTORING Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M Leasing outstandings (in €bn) (in €m) Revenues 198 +4.7% 583 +4.7% +6.3% ∆Sept/Sept Operating expenses (108) +4.9% (333) +8.9% +8,0% 22.2 22.3 Gross operating income 89 +4.4% 250 (0.5%) 20.9 Internati
Slide 29: RB – LCL
CRÉDIT AGRICOLE S.A. RB – LCL Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M Loans outstanding (€bn) Customer assets (€bn) (in €m) +7.2% +1.2% 275.6 ∆ Sept./Sept. ∆ Sept./Sept. 257.2 277.5 Revenues 1,149 +16.9% 3,292 +12.7% 172.9 175.0 174.9 25.0 25.4 25.6 +2.3% 110.3 109.4 Operating expenses
Slide 30: RB – CA Italia
CRÉDIT AGRICOLE S.A. RB – CA ITALIA Loans outstanding (€bn) Customer assets (€bn) Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M (in €m) +3.2% +3.5% ∆ Sept./ Sept. ∆ Sept. / Sept. Revenues 788 +3.8% 2,387 +3.7% 63.6 64.1 121.3 124.4 125.5 62.1 3.2 3.1 3.1 -0.7% Operating expenses (389) +1.7% (
Slide 31: RB – Other IRB
CRÉDIT AGRICOLE S.A. RB – OTHER IRB Loans outstanding Poland. Egypt. Customer assets Poland. Egypt. Ukraine (€bn) Ukraine (€bn) Contribution to earnings Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M (in €m) +9.0% +7.3% +10.7% Revenues 212 (10.8%) 700 (3.6%) +12.2% at constant FX rate at constant FX rate 13.0 12.6 Ope
Slide 32: Corporate centre
CRÉDIT AGRICOLE S.A. CORPORATE CENTRE Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 41 34 Contribution to earnings 6 Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M (in €m) (101) Revenues (253) (24) (760) +79 (141) (140) (150) (185) Operating expenses (40) (6) (112) +28 -101 -106 Gross operating income (293) (30) (872) +107 -100 (4) -
Slide 33: Crédit Agricole Group Regional Banks
Crédit Agricole Group Regional Banks 33 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 34: Regional Banks
CRÉDIT AGRICOLE GROUP REGIONAL BANKS Regional Banks' Q3-26 ∆ Q3/Q3 9M-26 ∆ 9M/9M Loans outstanding (€bn) Customer assets (€bn) consolidated results (in €m) +2,1% +2,9% Revenues 3,930 +15.5% 13,767 +12.2% ∆ ∆ Sept./Sept. Sept./Sept. 932 957 958 654 665 668 Operating expenses (2,511) +4.0% (7,808) +2.
Slide 35: Appendices: Earnings/Profitability
Appendices Earnings/Profitability 35 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 36: Scope effects and integration costs
CRÉDIT AGRICOLE S.A. APPENDICES SCOPE EFFECTS AND INTEGRATION COSTS m€ Q3-26 Q3-25 Revenues 66 Milleis Scope effect of Milleis 36 Insurance Scope effect of Abanca and Piu Vera Assicurazioni and Piu Vera Protezione 15 IWM Scope effect of Banque Thaler, BNPP Monaco portfolio 9 CAL&F Scope effect of Me
Slide 37: P&L 2025 – pro forma Banco BPM
CRÉDIT AGRICOLE S.A. APPENDICES P&L 2025 – PRO FORMA BANCO BPM P&L P&L P&L P&L Proforma Delta Delta Stated Proforma Q1-25 Q2-25 Q3-25 Q4-25 Q1-25 Q2-25 Q3-25 Q4-25 Q1-25 Q2-25 Q3-25 Q4-25 2025 Revenues 7,256 7,006 6,850 6,966 6,935 6,836 6,598 6,876 -322 -170 -252 -90 28,079 27,245 (834) Expenses -3
Slide 38: Q3-26 results
CRÉDIT AGRICOLE S.A. APPENDICES Q3-26 RESULTS Q3-26 Asset Wealth Asset IRB Corp. €m AG Ins. LC CIB SFS CAPFM CAL&F FRB IRB CA Italia Total Mgt. Mgt. servicing others center Revenues 2,026 704 890 433 2,297 1,748 549 874 676 198 1,149 1,000 212 788 (253) 7,092 Operating expenses (902) (100) (465) (33
Slide 39: 9M-26 results
CRÉDIT AGRICOLE S.A. APPENDICES 9M-26 RESULTS 9M-26 Asset Wealth Asset IRB Corp. €m AG Ins. LC CIB SFS CAPFM CAL&F FRB IRB CA Italia Total Mgt. Mgt. servicing others center Revenues 6,193 2,270 2,617 1,306 6,998 5,340 1,658 2,638 2,055 583 3,292 3,087 700 2,387 (760) 21,449 Operating expenses (2,742
Slide 40: A stable, diversified and profitable business model
CRÉDIT AGRICOLE S.A. APPENDICES A STABLE, DIVERSIFIED AND PROFITABLE BUSINESS MODEL Revenues 9M-2026 by business line Net income Group share 9M-2026 by business line (excluding Corporate Centre) (%) (excluding Corporate Centre) (%) Large Gestion customers Asset gathering d'épargne 32% Asset 28% Gran
Slide 41: RWA and allocated capital by business line
CRÉDIT AGRICOLE S.A. APPENDICES RWA AND ALLOCATED CAPITAL BY BUSINESS LINE Asset gathering €54.9bn Insurance; 13% 6% Asset AssetCorporate Mngt; 5% Wealth Large servicicentre; 9% Mngt ng; Risk-weighted assets Capital (1) customers 3% 2% €145.2bn June Sept. Sept. June Sept. 33% €bn Sept. 2026 LCL; 14%
Slide 42: Distribution of share capital and number of shares
CRÉDIT AGRICOLE S.A. APPENDICES DISTRIBUTION OF SHARE CAPITAL AND NUMBER OF SHARES 30/09/2026 31/12/2025 30/09/2025 Breakdown of share capital Number of shares % Number of shares % Number of shares % SAS Rue La Boétie 1,921,090,370 62.8% 1,921,090,370 63.5% 1,921,090,370 63.0% (1) Treasury shares 32
Slide 43: Data per share
CRÉDIT AGRICOLE S.A. APPENDICES DATA PER SHARE (€m) Q3-2026 Q3-2025 9M-26 9M-25 Net income Group share 1,991 1,836 5,718 6,050 - Interests on AT1, including issuance costs, before tax (118) (139) (376) (409) - Foreign exchange impact on reimbursed AT1 () 53 3 56 NIGS attributable to ordinary shares
Slide 44: Appendices: Economic scenario
Appendices Economic scenario 44 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 45: Resilience put to the test
APPENDICES RESILIENCE PUT TO THE TEST France, ItaIy, Eurozone – GDP Growth France, Italy, Eurozone – Average annual inflation France Italie Zone euro 6,8 %% 8,8 6,4 5,0 8,7 8,4 3,7 % 6,8 6,4 2,8 1,8 1,4 1,0 0,5 0,6 1,1 0,9 0,7 1,3 0,4 0,9 1,0 0,7 0,5 1,1 5,0 5,9 5,7 6,0 5,5 3,7 2,8 1,9 1,8 1,4 1,5 1
Slide 46: Upward pressure on interest rates
APPENDICES UPWARD PRESSURE ON INTEREST RATES Interest rates. in euros (%) Equities (quarterly averages) EuroStoxx 50: spot -0.9% Q3/Q2; average +6.1% Q3/Q2 (+18.3% Q3/Q3) 4 % Interest rates (month-end) 3 10-year OAT: +119 bp over the quarter and +131 bp vs Sept-25 2 Spread at end-Sept. 26: 1 EURIBOR
Slide 47: Appendices: Risk indicators
Appendices Risk Indicators 47 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 48: Cost of risk
CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. APPENDICES COST OF RISK CACIB – Financing activities CAPFM 163 LCL 30 26 28 29 40 21 132 450 20 16 365 144 148 145 145 165 5 20 150 7 4 112 123 128 350 -2 10 315 283 254 1 - 252 254 249 15 1 3 115 250 -7 -10 265 37 92 21 18 76 20 7 -20 150 215 26 100 27 230
Slide 49: Risk indicators
CRÉDIT AGRICOLE GROUP CRÉDIT AGRICOLE S.A. APPENDICES RISK INDICATORS Change in loans outstanding Crédit Agricole Group - Evolution of credit risk outstandings €m Sept. 25 Dec. 25 March 26 June 26 Sept. 26 Gross customer loans outstanding 1,218,838 1,231,954 1,244,967 1,262,941 1,270,030 of which: i
Slide 50: Diversified loan book
CRÉDIT AGRICOLE S.A. APPENDICES DIVERSIFIED LOAN BOOK Gross customer loans outstanding(1) of Crédit Agricole S.A. (as of 30th September 2026) Private Banking Other Corporates o/w CACIB (€201bn), LCL (€34bn), IRB Leasing 4% 1% €275bn (€25bn) and CACEIS (€15bn) 6% Small businesses 6% Home loans o/w LC
Slide 51: Breakdown of commercial lending at 30 September 2026
CRÉDIT AGRICOLE S.A. APPENDICES BREAKDOWN OF COMMERCIAL LENDING AT 30 SEPTEMBER 2026 (€1,267BN) Sept. 26 Sept. 26 By business sector €bn % By geographic region €bn % Non-merchant service / Public sector / Local authorities 301.7 23.8% France (excl. retail banking) 397.6 31% Retail banking 301.4 23.8
Slide 52: Well-balanced corporate portfolio
CRÉDIT AGRICOLE S.A. APPENDICES WELL-BALANCED CORPORATE PORTFOLIO Crédit Agricole S.A.: €416bn of EAD (1) (2) Corporate at 30/09/2026 OTHER (NON BANKING) FINANCIAL ACTIVITIES (59 Bn) 14.2% ELECRICITY (40 Bn) 9.6% REAL ESTATE (34 Bn) 8.2% OTHER (25 Bn) 6.1% → 73.2% of Corporate exposures are Invest
Slide 53: Risk indicators: VaR market risk exposures
CRÉDIT AGRICOLE S.A. APPENDICES RISK INDICATORS VaR – Market risk exposures Crédit Agricole S.A. - Market risk exposures - VaR (99% - 1 day) Crédit Agricole S.A. - Quarterly average VaR (1 day, 99%, in m€) 11 13 in m€ Q3-26 30/09/2026 31/12/2025 11 11 10 11 9 Minimum Maximum Average 10 10 9 Compensa
Slide 54: Exposure to French sovereign risk – Crédit Agricole S.A.
CRÉDIT AGRICOLE S.A. APPENDICES EXPOSURE TO FRENCH SOVEREIGN RISK – CREDIT AGRICOLE S.A Banking activity (in billion euros) Trading Book Banking book Financial assets at fair Financial assets at value through other Financial assets at Total Banking As of 30/09/2026 fair value through comprehensive i
Slide 55: Exposure to French sovereign risk – Crédit Agricole Group
CRÉDIT AGRICOLE GROUP APPENDICES EXPOSURE TO FRENCH SOVEREIGN RISK – CREDIT AGRICOLE GROUP Banking activity (in billion euros) Trading Book Banking book Financial assets at fair Total Banking Financial assets at value through other Financial assets at activity As of 30/09/2026 fair value through com
Slide 56: Appendices: Financial structure and balance sheet
Appendices Financial structure and balance sheet 56 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 57: Development in Italy, the second largest domestic market
CRÉDIT AGRICOLE S.A. CRÉDIT AGRICOLE GROUP IN ITALY DEVELOPMENT IN ITALY, THE SECOND LARGEST DOMESTIC MARKET CA Group in Italy (1) Branches market share in Italy (4) Distribution of the Group’s net income Group share (10) in Italy 0% 6.2m €344bn Customers (2) Total customer assets (3) 0-2% 2-5% Larg
Slide 58: Financial structure and balance sheet
CRÉDIT AGRICOLE S.A. APPENDICES FINANCIAL STRUCTURE AND BALANCE SHEET Solvency (€bn) 30/09/26 31/12/25 Share capital and reserves 32.4 31.8 Consolidated reserves 45.2 41.7 Other comprehensive income (3.5) (3.0) Net income (loss) for the year 5.7 7.1 EQUITY - GROUP SHARE 79.8 77.7 (-) Expected divide
Slide 59: Financial structure and balance sheet: change in equity
CRÉDIT AGRICOLE S.A. APPENDICES FINANCIAL STRUCTURE AND BALANCE SHEET Change in Equity (m€) Non-controlling €m Group share Total Subordinated debt interests At 31 December 2025 77,662 8,202 85,864 26,171 Impacts of new standards ‐ ‐ ‐ Capital increase 428 - 428 Dividends paid out in H1 26 (3,419) (5
Slide 60: Financial structure and balance sheet
CRÉDIT AGRICOLE S.A. APPENDICES FINANCIAL STRUCTURE AND BALANCE SHEET Balance sheet (€bn) Assets 30/09/2026 31/12/2025 Liabilities 30/09/2026 31/12/2025 * * ** * Cash and Central banks 165.13 164.84 Central banks 1.61 0.23 Financial assets at fair value through profit or loss 719.27 643.56 Financial
Slide 61: Appendices: Activity indicators
Appendices Activity indicators 61 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 62: Activity indicators – Asset gathering division
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – ASSET GATHERING DIVISION Asset under management (€bn) ∆ €bn Sept. 24 Dec. 24 Mar. 25 Jun. 25 Sept. 25 Dec. 25 Mar. 26 Jun. 26 Sept. 26 Sept./Sept. Asset management – Amundi 2,192 2,240 2,247 2,267 2,317 2,380 2,398 2,581 2,579 +11.3% Savings/reti
Slide 63: Activity indicators – Asset gathering – Insurance
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – ASSET GATHERING DIVISION – INSURANCES Life insurance asset under management (€bn) ∆ €bn Sept. 24 Dec. 24 Mar. 25 Jun. 25 Sept. 25 Dec. 25 Mar. 26 Jun. 26 Sept. 26 Sept./Sept. Unit-linked 102.8 104.1 105.7 108.4 112.2 116.1 116.4 125.6 125.3 +11.7
Slide 64: Activity indicators – Insurance revenues
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – ASSET GATHERING DIVISION – INSURANCE REVENUES Business Model Components Evolution and volatility factors Relative sensitivity Average estimated by model weight Savings. • Allocation of the CSM of the VFA model essentially depends on: VFA o the ev
Slide 65: Activity indicators – Insurance revenues
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – ASSET GATHERING DIVISION – INSURANCE REVENUES Revenues by activity - 2024 proforma series (€m) Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 Q3/Q3 (*) Savings, Retirement, Funeral (VFA) 411 513 505 587 495 460 520 631 560 +13.0% Death & d
Slide 66: Activity indicators – Asset gathering – Amundi
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – ASSET GATHERING DIVISION – AMUNDI Breakdown of assets under management by asset class (€bn) 17.9% 16.6% Associates 7.9% 6.9% Treasury ETF and index solutions 20.8% 25.5% Private, alternative and structured assets 4.6% 4.0% Equities 8.6% 8.6% Mult
Slide 67: Activity indicators – SFS division
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – SFS DIVISION Consumer finance and Customer assets/Loans leasing/factored outstanding (€bn) revenues (€bn) CAPFM OUTSTANDINGS Personal Finance & Mobility - Gross managed loans (€bn) Sept. 24 Dec. 24 Mar. 25 Jun. 25 Sept. 25 Dec. 25 Mar. 26 Jun. 26
Slide 68: Activity indicators – FRB division
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – FRB DIVISION Customer assets and loans outstanding (€bn) Customer savings (€bn)* Sept. 24 Dec. 24 Mar. 25 Jun. 25 Sept. 25 Dec. 25 Mar. 26 Jun. 26 Sept. 26 ∆ Sept./Sept. Securities 14.6 14.8 14.7 14.7 15.3 14.9 15.0 19.4 18.1 +17.9% Mutual funds
Slide 69: Activity indicators – FRB division: revenues
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – FRB DIVISION Revenues (€m) Revenues (€m) Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 T2-26 Q3-26 ∆ Q3/Q3 Net interest income *,** 506 469 461 497 497 522 521 579 596 +19.8% Home purchase savings plans (PEL/CEL) 0 0 0 -1 1 1 -1 2 1 (16.9%) Net inter
Slide 70: ALM policy
CRÉDIT AGRICOLE GROUP APPENDICES ALM POLICY Principles of ALM for the banking portfolio LCL: Change in interest margin and impact of macro-hedging • Global interest rate risk quantified using static and dynamic measurements drawing on the calculation of interest rate gaps or impasses, year by year,
Slide 71: Change in LCL's balance sheet structure and customer rates
CRÉDIT AGRICOLE S.A. APPENDICES Change in LCL’s balance sheet structure – between end-2021 and Change in average customer rates (resources and loans) September 2026 Loan outstandings Deposits outstanding Gradual repricing of the loan book. constrained by the usury rate & reduced production 2.5% x3 2
Slide 72: Activity indicators – RB division
CRÉDIT AGRICOLE GROUP APPENDICES ACTIVITY INDICATORS – RB DIVISION Customer assets and loans outstanding (€bn) Customer assets (€bn)* Sept. 24 Dec. 24 Mar. 25 Jun. 25 Sept. 25 Dec. 25 Mar. 26 Jun. 26 Sept. 26 ∆ Sept./Sept. Securities 48.4 47.8 49.3 49.3 50.2 49.8 49.5 51.4 50.3 +0.2% Mutual funds an
Slide 73: Activity indicators – RB division: fees and credit risk
CRÉDIT AGRICOLE GROUP APPENDICES ACTIVITY INDICATORS – RB DIVISION Fee and commission income breakdown/Evolution of credit risk outstanding (€m) €m Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 ∆ Q3/Q3 Services and other banking transactions 231 238 243 237 232 232 245 232 228 (1.4%) Securit
Slide 74: Change in French retail banking new loans production
CRÉDIT AGRICOLE GROUP APPENDICES CHANGE IN FRENCH RETAIL BANKING NEW LOANS PRODUCTION LCL new loans production (excluding SGL) since 2018 (€bn) Average prod. Average prod. Average prod. Average prod. Average prod. Average prod. Average prod. Average prod. Average prod. 8.2 8.8 7.3 8.9 10.5 6.8 6.8 7
Slide 75: Activity indicators – IRB division
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – IRB DIVISION Outstanding loans Q3-26 by entity 1% Italy 2% 8% Loans outstanding/On-balance sheet deposits/Revenues by entity and by type of customer (%) Poland Egypt CA Italy (€bn) Sept 24 Dec. 24 Mar 25 June 25 Sept 25 Dec 25 Mar 26 June 26 Sept
Slide 76: Activity indicators – IRB division: revenues
CRÉDIT AGRICOLE S.A. APPENDICES ACTIVITY INDICATORS – IRB DIVISION Revenues (€m) IRB Italy - Changes in detailed revenues Revenues (€m) Q3-24 Q4-24 Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 ∆ Q3/Q3 0 Net interest income 447 449 424 433 430 431 430 442 449 +4.5% Fee and commission Income 322 292 326
Slide 77: Appendices: Crédit Agricole Group
Appendices Crédit Agricole Group 77 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 78: Contribution of the business lines to Q3-26 earnings
CRÉDIT AGRICOLE GROUP APPENDICES CONTRIBUTION OF THE BUSINESS LINES TO Q3-26 EARNINGS Q3-26 €m RB LCL IRB AG SFS LC CC Total Revenues 3,969 1,149 1,026 2,036 874 2,296 (852) 10,497 Operating expenses (2,534) (695) (531) (902) (472) (1,308) 508 (5,934) Gross operating income 1,436 454 495 1,134 401 9
Slide 79: Contribution of the business lines to 9M-26 earnings
CRÉDIT AGRICOLE GROUP APPENDICES CONTRIBUTION OF THE BUSINESS LINES TO 9M-26 EARNINGS 9M-26 €m RB LCL IRB AG SFS LC CC Total Revenues 11,573 3,292 3,163 6,189 2,638 6,998 (2,475) 31,378 Operating expenses (7,884) (2,017) (1,622) (2,742) (1,434) (3,915) 1,503 (18,110) Gross operating income 3,689 1,2
Slide 80: Income statement
CRÉDIT AGRICOLE GROUP APPENDICES INCOME STATEMENT €m Q3-26 €m Q3-25 ∆ Q3/Q3 9M-26 9M-25 ∆ 9M/9M Revenues Revenues 10,497 9,479 +10.7% 31,378 28,843 +8.8% Operating expenses Operating expenses(5,934) (5,787) +2.5% (18,110) (17,651) +2.6% Gross operating income Gross operating income 4,564 3,692 +23.6
Slide 81: Crédit Agricole Group
CRÉDIT AGRICOLE GROUP APPENDICES CRÉDIT AGRICOLE GROUP Revenues and net income Group share 9M-26 by business line (excluding Corporate Centre) (€m) Large Large Asset Asset Asset gathering customers Asset Insurance gathering customers servicing 21% servicing 6% Asset 27% Insurance 32% management 18%
Slide 82: Financial structure and balance sheet
CRÉDIT AGRICOLE GROUP APPENDICES FINANCIAL STRUCTURE AND BALANCE SHEET Solvency (€bn) 30/09/26 31/12/25 Share capital and reserves 32.9 33.1 Consolidated reserves 116.0 109.1 Other comprehensive income (3.5) (2.8) Net income (loss) for the year 7.7 8.8 EQUITY - GROUP SHARE 153.0 148.1 (-) Expected d
Slide 83: Financial structure and balance sheet
CRÉDIT AGRICOLE GROUP APPENDICES FINANCIAL STRUCTURE AND BALANCE SHEET Balance sheet (€bn) Assets 30/09/2026 31/12/2025 * Liabilities 30/09/2026 31/12/2025 * * * Cash and Central banks 168.3 168.3 Central banks 1.6 0.2 Financial assets at fair value through profit or loss 730.9 654.4 Financial liabi
Slide 84: Appendices: ESG indicators
Appendices ESG indicators 84 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 85: Be a leader in transitions
CRÉDIT AGRICOLE GROUP BE A LEADER IN TRANSITIONS ACT 2028 AMBITIONS 16 11 10 Green-brown Accelerate the outstandings ratio Green: low-carbon energy 84 89 90 energy transition 2028 target Brown: extraction of fossil fuels (oil, gas, coal) 90/10 2024 2025 2028 220 223 Financing 23 25 Others Be a leade
Slide 86: ESG indicators
CRÉDIT AGRICOLE GROUP APPENDICES ESG INDICATORS June 26 Dec, 25 Dec. 24 Total Financing of transitions (€bn) (1) 222.9 220.4 202.1 Environmental transition o/w: 123.0 119.0 113.9 Energy-efficient buildings 87.3 86.1 87.7 Clean transport and mobility 8.3 7.7 5.2 Others 27.4 25.2 20.9 Cohesion and soc
Slide 87: Appendices: Legal risks
Appendices LEGAL RISKS 87 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 88: Legal risks
CRÉDIT AGRICOLE S.A. APPENDICES LEGAL RISKS The main current legal risks for Crédit Agricole S.A. and its fully consolidated subsidiaries are described in the management report for financial year 2025, found in the 2025 Universal Registration Document. They will be updated in the Amendment A03 to th
Slide 89: Appendices: Ratings
Appendices Ratings 89 3RD QUARTER AND FIRST NINE MONTHS OF 2026 RESULTS
Slide 90: Financial rating
CRÉDIT AGRICOLE S.A. APPENDICES FINANCIAL RATING(1) Ratings Crédit Agricole S.A. - Ratings LT / ST Issuer / LT senior Outlook / Issuer / ST senior Last review Ratings Rating action Counterparty preferred debt Review preferred debt date S&P Global LT / ST ratings affirmed; AA-/A-1+ (RCR) A+ Stable ou
Slide 91: A well-diversified business model and sound financial management
CRÉDIT AGRICOLE GROUP APPENDICES A WELL-DIVERSIFIED BUSINESS MODEL AND SOUND FINANCIAL MANAGEMENT (2) • “Sound earnings, cooperative status, and conservative capital policy support the Group’s very solid capital position.” • “Firm leader in the French retail banking market, generating good and predi
Slide 92: Non-financial rating
CRÉDIT AGRICOLE S.A. APPENDICES NON-FINANCIAL RATING 1 17.7 Severe risk (100) Negligible risk (0) C+ D- C+ … 63 0 100 A D+ A 2 92% 0% 100% Ratings as of 01/10/2026 1. ESG risk score on a reverse scale (100-0): the lower the score, the better the ESG risk 2. The Workforce Disclosure Initiative measur
Slide 93: List of contacts
LIST OF CONTACTS CRÉDIT AGRICOLE S.A. INVESTOR RELATIONS CONTACTS: CRÉDIT AGRICOLE PRESS CONTACTS: Alexandre Barat +33 1 57 72 12 19 alexandre.barat@credit-agricole-sa.fr Institutional investors investor.relations@credit-agricole-sa.fr Olivier Tassain +33 1 43 23 25 41 olivier.tassain@credit-agric