Credit Agricole S A : Crédit Agricole Assurances - Investor Presentation

CRÉDIT AGRICOLE ASSURANCES INVESTOR PRESENTATION

September 2021

Disclaimer

This document has been prepared by Crédit Agricole Assurances S.A. for information purposes only and is available on its website (https://www.ca-assurances.com/Espace-Investisseurs) It is not to be reproduced by any person, nor to be forwarded or distributed to any person unless so authorised by Crédit Agricole Assurances S.A. Failure to comply with this directive may result in a violation of the Securities Act of 1933, as amended (the Securities Act), or the applicable laws of other jurisdictions. None of Crédit Agricole Assurances S.A. or its affiliates, advisers, dealers or representatives takes any responsibility for the use of these materials by any person.

No representation or warranty expressed or implied is made as to the entire information within this document being subjected to a full independent review, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. None of Credit Agricole Assurance S.A. or its affiliates, advisers, dealers or representatives, or any other person, shall have any liability whatsoever (in negligence or otherwise) for any loss arising from any use of this document or its contents or otherwise arising in connection with this document. This document is for preliminary informational purposes only and is not an offer to sell or the solicitation of an offer to purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.

Without limiting the foregoing, this document does not constitute an offer to sell, or a solicitation of offers to purchase or subscribe for, securities in the United States nor in any other jurisdiction. The securities referred to herein have not been, and will not be, registered under the Securities Act and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Crédit Agricole Assurances S.A. does not intend to register any portion of any offering in the United States or to conduct a public offering of securities in the United States.

This document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

Forward-Looking Statements

This communication contains forward-looking information and prospective statements about Crédit Agricole Assurances S.A. that are not historical facts. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance and has been developed from scenarios based on a number of economic assumptions in the context of a given competitive and regulatory environment (including but not limited to applicable accounting principles and methods and the applicable prudential regulations). Such statements do not represent profit forecasts and estimates within the meaning of the COMMISSION DELEGATED REGULATION (EU) 2019/980 of 14 March 2019. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "target" or similar expressions. Although Crédit Agricole Assurances S.A.'s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Crédit Agricole Assurances S.A., that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed or identified in the section entitled "risk factors" in the preliminary prospectus relating to the proposed offering of securities described herein. Crédit Agricole Assurances S.A. undertakes no obligation to publicly update its forward-looking statements, whether as a result of new information, future events, or otherwise.

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SUOMMARYIRE

01	Company overview	p. 4
02	A robust business model	p. 11
03	Medium Term Plan 2022	p. 15
04	Solvency & Capital Management	p. 19
05	Disciplined Risk Management	p. 23
06	Appendices	p. 28
07	CAA Contact List	p. 33

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September 2021

CHAPTER 1 COMPANY

OVERVIEW

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1. COMPANY OVERVIEW

Crédit Agricole Assurances (CAA): key figures

		Savings & Retirement	€14.0bn
€19.5bn	Death & disability
€2.4bn
in premium	Creditor
income1	Group insurance
H1 2021
		Property & Casualty	€3.1bn
		Strong Financial Profile
 IFRS Net income Group share at end of June 2021	€700m
 Solvency II ratio2 at end of June 2021	243%
 Life insurance outstandings at end of June 2021	€316bn

1. Under IFRS
2. Calculated using the standardised approach without transitional measures other than the grandfathering of subordinated debts
3. Crédit Agricole Group's networks in France and abroad

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International	10,000 bancassurance
		distribution branches3
	17.2%

82.8%

France

5,100 employees

10 countries

Crédit Agricole Assurances

September 2021