CREDIT INDUSTRIEL ET COMMERCIAL

Crédit Industriel et Commercial (CIC) is a French bank founded in 1859, headquartered in Paris, and part of Crédit Mutuel Alliance Fédérale through Banque Fédérative du Crédit Mutuel (BFCM). It operates a nationwide retail and commercial network structured around regional banks and specialized subsidiaries, serving individuals, professionals, SMEs, mid-caps and institutions. Core activities include current and savings accounts (including regulated French savings products), payment cards and services, consumer credit and mortgages, and the distribution of insurance products from Assurances du Crédit Mutuel; for businesses, CIC provides cash management, merchant acquiring, leasing and factoring, trade finance, export support, real estate and structured finance, and risk management solutions (FX and rates), with capital markets and advisory delivered under CIC Market Solutions. Private banking and asset management are offered via brands including CIC Banque Privée, Banque Transatlantique and CIC Asset Management, and the perimeter includes cross-border entities such as Banque CIC (Suisse) SA and CIC Luxembourg alongside representative offices focused on trade and corporate clients. CIC is supervised in France by the Autorité de Contrôle Prudentiel et de Résolution and, as part of a significant euro-area group, under the ECB’s Single Supervisory Mechanism; eligible deposits are covered by the French deposit guarantee scheme (FGDR) up to the statutory limit per depositor and per institution. Investment and securities services are provided under MiFID II rules with appropriateness/suitability assessments, and remote channels use strong customer authentication under PSD2; online and mobile banking, branch and call-center servicing are standard access points. Pricing, product availability and eligibility criteria vary by regional bank and client segment, with current tariffs and contractual documentation published by each entity. CIC was majority-acquired by Crédit Mutuel in 1998 and fully consolidated within BFCM; after a 2017 squeeze-out of remaining minority shareholders, its shares were delisted from Euronext Paris. Financial reporting and credit ratings for the group are primarily presented at the BFCM/Crédit Mutuel Alliance Fédérale level and may change without notice.