Press

Grenoble – 14 September 2023 – Verkor secures more than €2 billion in financing following the signing of a minimum of €850m Series C funding1, approval of European Investment Bank for €600m debt support and French subsidies for an amount around €650m, subject to final approval by the European Commission. This financing will accelerate: • the construction of Verkor’s first gigafactory, in Dunkirk, and the manufacture of high-performance low-carbon battery cells, • ongoing technological developments at the Verkor Innovation Centre (VIC) for new manufacturing technologies and new state-of-the-art product, • strategic investments across the battery value chain, thereby generating thousands of direct and indirect long-term jobs.

Crédit Agricole Assurances is pleased to announce the appointment of: - Clément Michaud as Head of Group Insurance at Crédit Agricole Assurances and Chief Executive Officer of Crédit Agricole Assurances Retraite; - Gaël Amblard, as Deputy Chief Executive Officer of Pacifica. Gaël will join the Crédit Agricole Assurances Executive Committee in this capacity.

• Signing of a long-term partnership agreement between Innergex and Crédit Agricole Assurances regarding Innergex’s assets and development portfolio in France • Funding commitments from the partners to accelerate the development of wind and solar projects in France • The transaction is expected to close in the second half of 2023

Key figures H1 2023: - Total revenue1 of 20.8 billion euros, up 6%2 - Unit-linked net inflows of +3.9 billion euros - Net income group share that double, amounting 9508 million euros vs 1st semester 2022 pro forma IFRS 17 - Solvency 2 prudential ratio of 222%