Amundi launches share buyback program as part of performance share plans

Press release

Amundi launches a share buyback program as part of performance share allocation plans

Paris on October 7, 2024

As part of the share allocation performance plans and after obtaining the necessary regulatory approvals, Amundi announces the launch of a share buyback program, through a mandate agreed with an investment services provider (Kepler Cheuvreux).

In accordance with the authorization granted by the Ordinary General Meeting of May 24, 2024 and delegated by the Board of Directors to the Managing Director, the share buyback program will have the following features:

1. Objective

Shares will be acquired for the purpose of covering performance share allocation plans already allocated and those in the future.

To avoid dilution of existing shareholders, Amundi has decided not to issue new shares, but to purchase the shares that will be delivered from 2025 on the market (after a vesting period and subject to certain performance and attendance conditions).¹).

2. Number of shares and maximum amount

The total number of shares to be redeemed on the market may not exceed 1 million¹representing approximately 0.5% of the share capital. The total amount allocated to this program may not exceed €80 million.

3. Characteristics of the shares purchased

The Amundi shares in question are admitted for trading on the regulated market of Euronext in Paris under ISIN code FR0004125920.

4. Duration of the share buyback program

The authorization of the Ordinary General Meeting of May 24, 2024 was granted for a period of eighteen months, starting from the date of the General Meeting.

This program is part of the share buyback program described in Chapter 1 (pages 42-43) of the Universal Registration Document 2021, filed by Amundi on April 18, 2024 with the French Financial Markets Authority (AMF) under number D.24-0302, available on the Amundi website: https://legroupe.amundi.com/regulated-information. Changes in the features of this share buyback program during its implementation period will be communicated in accordance with the procedures provided for in Article 241-2 II of the General Regulation of the AMF.

It is also recalled that as of September 30, 2024, Amundi already owns 958,031 shares under the share management agreement signed with Kepler Cheuvreux and under previous share buyback programs.

About Amundi

Amundi, the leading European asset manager, is among the top 10 global players²offers its 100 million customers – private, institutional and business – a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering has been expanded with IT tools and services to cover the entire savings value chain. Amundi, a subsidiary of the Crédit Agricole group and listed on the stock exchange, currently manages more than €2.15 trillion in assets³.

With its six international investment hubs⁴financial and extra-financial research capabilities and a long-standing commitment to responsible investing, Amundi is a major player in the asset management landscape.

Amundi customers benefit from the expertise and advice of 5,500 employees in 35 countries.

Amundi, a trusted partner who is committed to the interests of its customers and society every day.

www.amundi.com

Press contacts:

Natacha Andermahr Tel. +33 1 76 37 86 05 [email protected]

Corentin Hendrik Tel. +33 1 76 36 26 96 [email protected]

Investor contacts:

Cyril Meilland, CFA Tel.+33 1 76 32 62 67 [email protected]

Thomas Lapeyre Tel.+33 1 76 33 70 54 [email protected]

Annabelle WiriathTel. +33 1 76 32 43 92 [email protected]

INDEMNIFICATION

This document does not constitute an offer or invitation to sell or purchase securities of Amundi in the United States of America or a solicitation of an offer to purchase or subscribe for securities of Amundi. Securities may not be offered, subscribed or sold in the United States of America absent registration under the US Securities Act of 1933, as amended (the “US Securities Act”), except pursuant to an exemption from, or in a transaction not subject to, is subject to , its registration requirements. Amundi’s securities have not been and will not be registered under the United States Securities Act, and Amundi does not intend to make a public offering of its securities in the United States of America. This document does not constitute an offer or invitation to sell or purchase securities of Amundi in France, or a solicitation of an offer to purchase or subscribe for securities of Amundi in France, and Amundi does not intend to make any public to make an offer of its securities in France.

This document may contain forward-looking information about Amundi’s financial position and results. This data does not represent “forecasts” within the meaning of Delegated Regulation (EU) 2019/980.

Such forward-looking information includes projections and financial estimates derived from scenarios based on a number of economic assumptions in a given competitive and regulatory environment, project considerations, objectives and expectations relating to events and operations, transactions (including proposed transaction between Amundi and Victory Capital), future products and services and on assumptions in terms of future performance and synergies. By their nature, they are therefore subject to known and unknown risks and uncertainties, which could result in the failure of the aforementioned forward-looking elements to be fulfilled, including, with respect to the proposed transaction between Amundi and Victory Capital, the risk that the conditions for completion will not be fulfilled and that the transaction will not be completed on time or at all; risks related to the expected benefits or impact of the proposed transaction on the respective businesses of Victory Capital and Amundi, including the ability to realize expected synergies; and other risks and factors relating to Victory and Amundi’s respective businesses contained in their respective public filings. Accordingly, no assurance can be given that these projections and estimates will materialize, and Amundi’s financial position and results may differ materially from those anticipated or implied by the forward-looking information contained in this press release. Amundi undertakes no obligation to publicly update or revise any forward-looking statements made as of the date hereof. More detailed information on the risks that could affect Amundi’s financial position and results can be found in the ‘Risk Factors’ section of our Registration Document filed with the French Autorité des marchés financiers on April 18, 2024 under number D.24 -0302.

Readers are advised to consider all of these risks and uncertainties before making their own judgments.

The figures presented are subject to limited audit by the statutory auditors and have been prepared in accordance with IFRS as adopted by the European Union and applicable on that date, and with the prudential regulations in force to date. Unless otherwise stated, the sources of the rankings and market positions are internal. The information contained in this document, to the extent it relates to entities other than Amundi, or is derived from external sources, has not been reviewed by any supervisory authority, nor independently verified more generally, and no representation or undertaking is made as and no reliance should be placed on the accuracy, truthfulness or completeness of the information or opinions contained herein. Neither Amundi nor its representatives can be held liable for any decision taken or omission or for any loss that may arise from the use of this presentation or its contents or anything related to it or any document or information to which it refers.

The sum of the values in the tables and analyzes may differ slightly from the reported total due to rounding.

¹ The number of shares allocated is only final upon delivery.
² Source: IPE “Top 500 Asset Managers”, published in June 2024based on assets under management as of 12/31/2023
³ Amundi data as of 06/30/2024
⁴ Boston, Dublin, London, Milan, Paris and Tokyo