Amundi Receives Approval to Join ICG's Board of Directors

A New Milestone for Amundi at ICG

Amundi has reached a new milestone in its involvement with ICG by obtaining the necessary approvals to be represented on the Board of Directors. Vincent Mortier, who serves as the Chief Investment Officer of the group, will join the board as a non-executive director effective March 31, 2026. On the same date, he will be appointed as a member of the Nominations and Governance Committee of ICG's Board of Directors. This appointment follows the partnership between the two entities announced on November 18, 2025, and signifies a strengthening of Amundi's presence within the group, reflecting a deepening of their strategic collaboration.

Consolidation of Amundi's Stake in ICG

Starting March 31, 2026, Amundi will consolidate its stake in ICG using the equity method. The asset manager currently holds a 4.64% share in ICG's capital and plans to increase its economic exposure to 9.9%. This increase will be achieved through the issuance of non-voting shares by ICG to Amundi's benefit. ICG will carry out buybacks of ordinary shares in the market to offset the dilutive effect of these issuances.

Amundi: A Leading Asset Manager in Europe and Globally

Amundi is the leading European asset manager and ranks among the top ten global players. As of December 31, 2025, the group manages nearly 2,400 billion euros in assets. It offers a complete range of savings and investment solutions in both active and passive management, in traditional or real assets, serving 200 million clients consisting of individuals, institutions, and corporations. A subsidiary of the Crédit Agricole Group, Amundi is publicly traded and operates six international management platforms located in Paris, London, Dublin, Milan, Tokyo, and San Antonio.