Amundi Launches Capital Increase for Employees to Boost Engagement

Amundi, the leading European asset manager, has launched a capital increase reserved exclusively for its employees. This initiative, named "We Share Amundi," aims to involve employees more deeply in the company’s growth and economic value creation. The capital increase was initially decided on February 2, 2026, and is expected to strengthen the employees' sense of belonging to the organization.

Under the terms of the capital increase, eligible employees can subscribe to the offering between September 14 and September 25, 2026. The subscription price is set at 66.63 euros, which is the average of the share opening price over the 20 trading days between August 14 and September 10, 2026, minus a 30% discount. The maximum number of shares to be issued is capped at 1,000,000, representing less than 0.5% of Amundi’s share capital and voting rights.

The offering is open to employees in France and Amundi Group entities in Austria, the Czech Republic, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, Malaysia, Singapore, Spain, Switzerland, Taiwan, and the United Kingdom. Eligible employees must have worked for at least three months, whether consecutive or not, between January 1, 2025, and the end of the subscription period. Retired employees in France who have kept assets in the UES Amundi Company Savings Plan (PEE) or Amundi’s International Group Savings Plan (PEGI) are also eligible.

Amundi plans to request that the newly issued shares be admitted for trading on Euronext Paris as soon as possible after the capital increase is completed, scheduled for October 22, 2026. These shares will be listed on the same line as the existing shares, under ISIN code FR0004125920. The impact of this offering on the net earnings per share is expected to be negligible.

Employees can finance their subscriptions through voluntary contributions to the plans, up to an annual cap of 25% of their gross annual compensation. The maximum investment per employee is capped at €40,000. In France, any cap on subscriptions will first be applied to portions of subscriptions financed by voluntary contributions, then to subscriptions financed by the transfer of available assets held in another specific fund of the PEE, and finally to subscriptions financed by the transfer of unavailable assets held in another specific fund of the PEE.

The shares subscribed to under "We Share Amundi" will be subject to a five-year lock-up period, unless an early-exit event occurs as described in the PEE or PEGI plan rules. Early-exit events will be adjusted where applicable for certain countries.

This initiative reflects Amundi’s commitment to involving its employees in the company’s success and aligning their interests with those of the organization. Amundi currently manages close to €2.6 trillion of assets and offers a complete range of savings and investment solutions to its clients.