48 • CFM Indosuez Weal th continued to provide operational support to CFM Indosuez Gestion and CFM Indosuez Conseil en Investissement SASU. • CFM IndosuezWealth used the services of insurance broker Ascoma JH for the management of some its insurance policies. This is the report submitted for your approval further to the observations made by the Statutory Auditors. IMPACT OF THE RUSSIAN-UKRAINIAN CONFLICT ON CFM INDOSUEZ'S BUSINESS INTRODUCTION On 24 February 2022, a large-scalemilitary operation was launched by Russia against Ukraine, associated with an invasion of the territory of Ukraine by the armed forces of Russia, with the involvement of Belarus. The European Union condemned this act of war and in response announced the implementation of restrictive, sectoral and individual measures. CFMIndosuez, inconjunctionwiththeCréditAgricoleGroup, hassetupacrisisunit tomonitor theimpactof thedecisions taken by the European Union and the Principality's government. MAINREFERENCETEXTS At EuropeanUnion level Regulation (EU) 2022/262 Regulation (EU) 2022/328 Regulation (EU) 2022/334 Regulation (EU) 2022/345 Regulation (EU) 2022/350 Regulation (EU) 2022/394 Regulation (EU) 2022/428 Regulation (EU) 2022/576 Regulation (EU) 2022/577 At Principality of Monaco level European sanctions have been transposed toMonaco under the Franco-MonegasqueConvention Ministerial Decision 2022-12 of 22 February 2022 Ministerial Decision 2022-13 of 24 February 2022 Ministerial Decision 2022-14 of 25 February 2022 Ministerial Decision 2022-15 of 26 February 2022 Ministerial Decision 2022-16 of 1 March 2022 Ministerial Decision 2022-17 of 02March 2022 Ministerial Decision 2022-18 of 03March 2022 Ministerial Decision 2022-21 of 09March 2022 Ministerial Decision 2022-22 of 11 March 2022 Ministerial Decision 2022-23 of 15March 2022 Ministerial Decision 2022-26 of 04 April 2022 Ministerial Decision 2022-29 of 09 April 2022 In addition, sanctions and restrictions imposed by other countries, notably theUnited States, should be taken into account. GOVERNANCE: SETTINGUP OFACRISISUNIT A daily crisis unit has been set up. This Crisis Unit has the task of ruling and, if necessary, approving or refusing any transactioncarriedout or benefiting theabove-mentioned customers. These measures are taken locally on a daily basis in conjunction with the Group's crisis units on counterparty risk and compliance aspects. REPORTING Each week, a file is sent to the ACPR updating the main supervisory issues related to this crisis. The report covers data, monitoring of commitments, liquidity issues, cyber security scenarios and processes, andmeasures taken tomonitor sanctions. CFM Indosuez Wealth has no investments in Ukraine and Russia. Theseeventshadno impact on the2021 accounts. As things stand, the impact on the 2022 accounts should be limited. — This is the report submitted for your approval further to the observationsmade by the Statutory Auditors.
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