ANNUAL REPORT 2025

01. Crédit Agricole Group	5
02. Indosuez Wealth Management	9
Our identity: Our network and key figures	10
General Management	13
Our history	14
Message from the General Management of Indosuez Wealth Management Group	16
2025 review and 2026 financial market outlook	18
Continuation and progress: 2025 highlights	20
Review of our 2022-2025 Medium-Term Development Plan	22
2025 non‑financial report: Our conviction regarding sustainable development	24
03. Activity report CFM Indosuez Wealth Management	33
CFM Indosuez Wealth Management	34
Message from the directors of CFM Indosuez Wealth Management	36
Message from the Executive Directors	38
The Monegasque environment	40
Advisory	41
Wealth Management	42
Boosting cultural and managerial transformation	44
Corporate governance	46
Report of the Board of Directors to the Ordinary General Meeting of 12 May 2026	50
Resolutions for the General Meeting	54
Internal control	56
04. Consolidated financial statements CFM Indosuez Wealth Management	61
Statutory Auditors’ report	62
Consolidated financial statements as at 31 December 2025	66
Individual Accounts as at 31 December 2025 with financial statements	152
Our Banks: our active locations	166

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