15 Message from the General Management of the Indosuez Wealth Management Group In 2022, in an environment with mixed visibility, marked by armed conflict at the doorstep of Europe and a sudden paradigm shift characterised by rising inflation and interest rates and the resulting high volatility of the markets, we achieved solid results, and which for some metrics have reached unparalleled levels. The strong growth in operating income and high level of net income illustrate the relevance of our strategy, enabling us to strengthen the resilience of our business model month after month. While consolidating its fundamentals, our Bank has also proven its usefulness to its clients and society and continued its transformation path. The talent, expertise and commitment of our employees as well as their ability to build together were once again demonstrated in the many restructuring projects that make up our business plan. Regarding the Customer Project, we recorded net new capital inflows, reflecting the continuing reinforcement of the appeal of our brand. Many UHNW clients have joined us and have deposited significant amounts of assets, having been attracted in particular by the depth of our offering and our quality of service. Our sales momentum was driven by the strengthening of our value proposition for real assets and our responsible offering, as well as the continued development of our financing activity. Significant ESG initiatives have been implemented as part of our Societal Project, including our first sustainable real estate financing in Monaco and the launch of an innovative investment solution with a responsible component the Indosuez Blue Cycle. In Spain, we also offered the country's first investment fund specialising in reforestation. On the ground, Indosuez employees once again demonstrated their commitment to a more sustainable environment and a more responsible and inclusive economy through skills sponsorship and several solidarity initiatives. Indosuez also reiterated the meaning of its commitments in favour of water, education, the circular economy and inclusion, which are implemented in its foundations, its sponsorship operations and its initiatives alongside partners such as La Fondation de la Mer, Plastic Odyssey and L'Institut Océanographique de Monaco. Concerning the Human Project, proactive action plans in favour of diversity, personal development and youth were continued with employees, many of whom expressed their satisfaction in the employee empowerment index (Indice de Mise en Responsabilité - IMR). To always better serve its clients, strengthen the commitment and performance of its teams and improve its efficiency, Indosuez pursued its two-stage managerial transformation plan — the first of which was completed at the end of 2022. The Group continued its digital transformation. Once again this year, this transformation helped to improve our clients' journeys with, for example, the launch of a new digital platform allowing them to access our investment universe independently. It is also reflected in our offering and our processes, as well as our operational efficiency. In 2023, we will rely on the current momentum to continue our development. New projects and achievements are already on the horizon in terms of the Customer, Societal and Human Projects, the continued roll-out of digital tools, the migration of financial institutions to Azqore, our operational efficiency and compliance system. Therefore, despite the many uncertainties that have affected the beginning of this year, our employees in Belgium, Dubai, Spain, France, Hong Kong, Italy, Luxembourg, Monaco, Singapore and Switzerland are mobilising their efforts more than ever to continue to progress and innovate — with the goal of always better serving our clients. Jacques Prost Chief Executive Officer CA Indosuez Pierre Fort Chairman CA Indosuez
RkJQdWJsaXNoZXIy NzMxNTcx