Crédit Agricole S.A. in €174 Million Sale of Ordinary Shares of Eurazeo and Issuance of €337 Million Zero Coupon Bonds Exchangeable for Ordinary Shares of Eurazeo

Cleary Gottlieb acted as counsel to Crédit Agricole Corporate and Investment Bank, and Goldman Sachs International as joint bookrunners in connection with Crédit Agricole S.A.’s joint sale of 3,200,000 ordinary shares of Eurazeo, or approximately 4.7% of Eurazeo’s share capital, for a total price of approximately €174 million, and issuance of 5,084,582 zero coupon bonds exchangeable for ordinary shares of Eurazeo due 2016, for a total price of approximately €337 million. While both transactions priced on November 22, 2013, the share sale closed on November 27, 2013 and the bond issuance closed on December 6, 2013. The bonds have been admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange.

Both transactions were undertaken as part of Crédit Agricole S.A.’s strategy to improve its solvency ratios by selling down its interests in non-core assets and focusing on its core banking business.