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Report of the Auditors on Related-Party Transactions
At the Annual General Meeting of the Crédit Agricole Mutuel Regional Bank of Champagne-Bourgogne, a special report was presented concerning regulated agreements. The auditors detailed the characteristics, essential terms, and benefits for the company of the agreements identified during their audit. A key point in this report is an advance of €14,954,000 granted by the Regional Bank to SAS Rue La Boétie. This transaction, involving Mr. Emmanuel Vey, Chief Executive Officer, aims to consolidate the regional banks' stake in Crédit Agricole SA to 63.90%.
The agreement provides for the capitalization of the advance in October 2025, with the fund receiving €45,568.58 in remuneration for the period in question. The auditors emphasize that the assessment of the merits and the approval of these agreements fall under the purview of the shareholders' meeting, in accordance with the commercial code.
R. H.
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