This transaction would respect the profitability criteria of Credit Agricole S.A. with an expected return on investment of more than 10% over 3 years. The transaction is expected to have a very limited impact on Credit Agricole S.A. CET1 ratio and on CAA Solvency 2 ratio. Completion of the transaction is subject to fulfillment of contractual conditions, with particular regard to customary regulatory approvals.