These committee have limited decision-making powers and facilitate the Board’s work by providing their opinions. Audit Committee The Audit Committee is responsible for monitoring the financial reporting process and the audit of the annual financial statements. Consequently, and without prejudice to the powers of the Board of Directors, it is responsible for the following tasks in particular: - Monitoring the financial reporting process and, where appropriate, making recommendations to ensure its integrity. - Monitoring and assessing the effectiveness of internal control and risk management systems and, where appropriate, internal audit, in respect of procedures relating to the preparation and processing of accounting and financial information, without prejudice to its independence. - Monitoring of the performance by statutory auditors or audit firms of their assignments, taking into account the findings and conclusions of the competent authority. - Regular reporting to the Board of Directors on the performance of its duties and on the results of the audit, on the way in which the audit contributed to the integrity of the financial information and on the role it played in this process, and prompt reporting of any difficulties encountered. Risk Committee The Risk Committee advises the Board of Directors on matters relating to the Entity's overall risk strategy and risk appetite, both current and future. Consequently, the Risk Committee performs the following tasks, among others: - Assisting the Board of Directors when it is monitoring the implementation of the overall strategy by senior management and the head of the risk management function. - Supervision of the implementation of the institution's capital management and liquidity strategies and other relevant risks, such as market risk, credit risk, operational risk (including legal and IT risks) and reputation risk, in order to assess their appropriateness in relation to the approved risk appetite and risk strategy. Appointments Committee The Appointments Committee is responsible for the following tasks: - It identifies and recommends, within the framework of the Crédit Agricole Group's ratification rules, suitable candidates to fill vacant seats on the Board of Directors for approval by the Board of Directors or for approval by the General Meeting. - The Appointments Committee assesses the balance and diversity of knowledge, skills and experience available to the members of the Board of Directors, both individually and collectively. - It periodically (at least annually) assesses the structure, size, composition and performance of the Board of Directors. Remuneration Committee The Remuneration policy for CFM Indosuez Wealth employees covers both the components of remuneration and the identification of regulated populations and control of risky behaviour. In March each year, the Remuneration Committee examines the principles of the CFM Indosuez Wealth group's remuneration policy and reports on its work to the Board of Directors. 3.4. EXECUTIVE COMMITTEE The members of the Executive Committee are responsible for the operational leadership of business, risk management and monitoring, and ensuring the smooth running of the Bank’s activities. As of 31 December 2024, the Executive Committee had eight members: • Mathieu Ferragut, Chief Executive Officer and Executive Director • Vincent Thomas, Deputy Chief Executive Officer and number two Executive Director • Grégoire Faure, Deputy Chief Executive Officer • Céline Lapaïan, Company Secretary • Sophie Armando, Finance & Strategy Director • Ariel Barugel, Head of Human Resources • Sophie Couve de Murville Global Head of Advisory • Stéphane Herpe, Managing Director - Monaco Markets 3.5. CONSOLIDATED KEY FIGURES UNDER DFS STANDARDS (in € million) 31/12/2024 31/12/2023 % change Equity 421 404 4 Total assets 7,012 7,671 -9 NBI 199 197 1 Gross operating income 77 77 0 Net income after income tax 59 61 -3 CFM Indosuez Wealth Management 36
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