Montrouge, 1 August 2018

2018 CAPITAL INCREASE RESERVED FOR EMPLOYEES 

Crédit Agricole S.A.'s capital increase reserved for employees, for which the subscription period ran from 20 June to 3 July 2018, was fully completed on 1 August 2018. Almost 19,000 Crédit Agricole Group employees from France and 14 other countries subscribed for a total amount of €135.5 million.

Employees were offered a Classic investment where the subscription price was discounted by 20% compared to the Crédit Agricole share price. The new shares were issued and delivered to employees on 1 August 2018. 

This capital increase created 13,802,586 new shares, bringing the total number of shares comprising Crédit Agricole S.A.'s capital to 2,866,437,156. The dilutive impact of this transaction is 0.5% and the impact on net tangible asset value per share is very low at -0.03%.  The transaction increases Crédit Agricole S.A.'s and Crédit Agricole Group's CET1 ratios by 4 and 3 basis points, respectively.

Crédit Agricole S.A. press contacts

Charlotte de Chavagnac         + 33 (0)1 57 72 11 17                           charlotte.dechavagnac@credit-agricole-sa.fr

Individual shareholders contacts

Toll-free number (from France): 0 800 000 777 Credit-agricole-sa@relations-actionnaires.com

All our press releases are available at: www.credit-agricole.com

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