CREDIT AGRICOLE ASSURANCES Société anonyme

About CREDIT AGRICOLE ASSURANCES Société anonyme

Crédit Agricole Assurances Société anonyme is the insurance arm of the Crédit Agricole Group, and its recent governance has been shaped by Nicolas Denis, who has served as Chief Executive Officer of Crédit Agricole Assurances since January 2024. He has also been Chief Executive Officer of Predica since March 2023 and a member of the Executive Committee of Crédit Agricole S.A. His career sits within a major mutual banking and insurance ecosystem, where long-term stability, prudential discipline and value creation are central to the leadership model. In this role, Nicolas Denis oversees a large-scale insurance platform with responsibilities spanning profitable growth, risk management, capital discipline and close integration with the Crédit Agricole distribution networks. His remit also requires a strong focus on sector transformation: digital client journeys, product adaptation in a changing interest-rate environment, ESG considerations and the broader transition of savings and wealth management solutions. Crédit Agricole Assurances has also been a strategic partner to Altarea in several long-term real estate initiatives, reinforcing the company’s role as an institutional investor able to support complex and capital-intensive projects. A defining feature of this leadership position is the ability to combine financial performance with industrial vision. The partnership announcements with Altarea illustrate this approach: Crédit Agricole Assurances has taken positions in retail property assets, co-invested in landmark developments such as Bridge in Issy-les-Moulineaux, and supported long-horizon structures such as Predi Rungis’ stake in SEMMARIS. These transactions highlight expertise in real assets, partnership structuring and the financing of projects with strong territorial significance. In that context, the executive role reflects a governance style centered on resilience, diversification and sustainable value creation for both the insurer and the wider group.