Q&A

Information on the We Share Amundi plan

Beneficiaries

Calendar

Subscription terms

Individual and overall ceilings

Taxation

Financing the subscription

The subscription site

Lock-In Period

What does We Share Amundi stand for? We Share Amundi is the name of the Amundi’s employee share ownership plan.

What are the features of the offer?

  • You benefit from a 30% discount on the reference price.

  • Your shares will be allocated to an account registered in your name.

  • Any distributed dividends will be paid directly to your bank account, provided that the bank details are correctly entered on your account.

  • Your investment will not be accessible for 5 years unless an early release event occurs as provided by law. See your country’s local supplement for the early release cases, available on the Documentation page.

What type of investment option is being proposed? The formula offered in Direct Shareholding countries is an investment in Amundi shares at a 30% discount to the reference price (classic formula). The shares will be allocated to an account registered in your name.

By subscribing to the operation, do I become an Amundi shareholder? Yes, you will hold Amundi stock in an account registered in your name.
Accordingly, you will have speaking rights at the Amundi General Shareholders’ Meetings as well as voting rights in proportion to the number of shares held.

How many shares are being offered under the Amundi operation? Amundi’s Board of Directors has authorised a total of 1,000,000 shares to be issued in the capital increase reserved for employees. In Japan, the total amount of the We Share 2025 offering is limited to 44,178,059 Japanese Yen.

At what price will the shares be offered to employees? The reference price will be the average of the opening share price over 20 trading days between August 15 and September 11, 2025. It will be established and announced on September 12, 2025.
The subscription price will be set and communicated on September 12, 2025 and will be converted into local currencies at the exchange rate set on September 11, 2025.

Is there a risk of capital loss? Yes, there is a risk of capital loss. 
This investment involves a risk of capital loss: as with any investment in shares, the value of your assets at the time you decide to sell them may be lower than your initial investment, or you may not recover your initial investment. As a general rule when it comes to savings, it is recommended that you make sure to diversify your investments in order to limit the risks.

How many employees is the offer open to? We Share Amundi 2025 is being offered to more than 5,500 employees of the Amundi Group.

In what countries is the offer available? 15 countries: Austria, France, Czech Republic, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, Malaysia, Singapore, Spain, Switzerland, Taiwan and the United Kingdom.

What companies are participating in this offer? All subsidiaries of Amundi Group, which have a staff of at least 25 employees at the time of the Board of Directors approving the offer (3 February 2025).

What are the eligibility conditions for the operation? To be eligible to participate in the operation, you must:

  • be an employee in a country in which the plan is available;
  • hold an Amundi employment contract (permanent, fixed-term, work-study contract) at the time of the subscription (intership or temporary employment periods are not included in seniority) ;
  • have worked with the company for a minimum of 3 months by the final day of the subscription period, i.e.  26 September 2025. These 3 months of service should be obtained, within the Crédit Agricole Group, between 1 January 2024 and  26 September 2025, on either a continuous or non-continuous basis. (internship or temporary employment periods are not included in seniority).


As a result of sanctions imposed by the European Union, citizens or residents of Russia or Belarus who do not have legal residence or citizenship in the European Union, in a country member of the European Economic Area or in Switzerland may not participate in this offering. 
Therefore, you must declare:

  • You are not a Russian national or resident of Russia, or if you are, you are also a citizen of a Member State of the European Union, of a country member of the European Economic Area or of Switzerland or you have a temporary or permanent residence permit in one of these countries;  and
  • You are not a Belarusian national or a resident of Belarus, or if you are, you are also a citizen of a Member State of the European Union or you have a temporary or permanent residence permit in one of these Member States.

Are the terms of the offer the same in all countries? In the 15 countries where We Share Amundi 2025 is offered, the same major principles apply: employees will benefit a 30% discount on the reference price and they must respect the individual caps on subscription. Taxes and other such charges may differ from one country to another.
Any time regulatory and tax conditions allow it, holding shares in an FCPE (corporate mutual fund) is the procedure opted for. However, in Italy, Japan and Spain, the holding of shares in an FCPE is not possible; as a result, the employees in those countries will buy shares directly.
Furthermore, employees in countries outside the Eurozone will have the added risk of exchange rate fluctuations over the course of their investment. The variation in exchange rates can be favourable when the local currency strengthens against the euro between the time of subscribing and the moment when the holdings are redeemed; conversely, a weakening against the euro will have negative impacts.

When will the price be known? You can subscribe from September 15 to September 26, 2025 until 20:00 (CET). The subscription price will be established and announced on September 12, 2025.

When will the price be known? The reference price will be known on September 12, 2025. The subscription price will correspond to this price minus the 30% discount. The reference price is equal to the average of the 20 opening prices from August 15 to September 11, 2025. It will be set and communicated on September 12, 2025.

How do I subscribe? Visit the dedicated website weshare.amundi.com:

  • Click on ‘Subscribe’;
  • enter the username and password that you will received in two separate emails on September 15, 2025 (1st first day of the subscription period);
  • fill in the subscription form and confirm.

Can I change or cancel my subscription during the subscription period? Yes, you can change your subscription via the www.weshare.amundi.com website until the final day of the subscription period, i.e. until 20:00 (CET) on  September 26, 2025. Only the last confirmed subscription will be taken into account.

Will I be able to change my subscription after the subscription period ends? No. At the closing of the subscription period, your subscription will be deemed final.

Is there a specific amount of Shares for Japan ?

Yes, The total amount of the We Share 2025 Offering in Japan is limited to 44,178,059 Japanese Yen. If the subscription requests in Japan exceed this ceiling, your subscription will be reduced according to the rule described in the brochure. AMUNDI shares have not been and will not be registered pursuant to Article 4, Paragraph 1 of the Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, as amended) as the total amount of the Offering in Japan, combined with the total amount of the price of shares issued by Amundi in 2024 to the employees of Amundi Group in Japan, is less than 100 million Japanese Yen.

Is there a minimum investment? No, there is no minimum investment.
However, because you cannot subscribe to a fraction of a share, your subscription must be at least the price of a single share.

Is there a maximum subscription amount? Yes, the maximum amount that can be invested in all employee share ownership plans combined (within  the Credit Agricole Group) is capped at €40,000 per person.
For those outside the Eurozone, the exact equivalent for your currency will be determined once the exchange rate is set (September 11, 2025).
Furthermore, under French law, the amount you can invest in all employee share ownership plans combined is limited to 25% of your gross annual remuneration as estimated for the current year.

How do I calculate my gross annual remuneration? Your gross annual remuneration is made up of your annual salary (before taxes) plus benefits in kind and bonuses (variable individual remuneration) paid for the current year.

What happens if the subscriptions exceed the global and/or Japanese limits?

Should demand exceed the numbers of shares authorized for the plan, the largest subscriptions will be subject to successive caps until all authorized shares are subscribed. Details on the reduction rule can be found in the AMUNDI SHARES FCPE regulation which is available in the ‘Documentation’ section of the website.

What taxes are applicable in my country? You may be subject to taxation and/or social security contributions

  • when you subscribe because of the discount;
  • during the term of your investment due to the distribution of dividends; and
  • for any capital gains upon exiting the plan. 

For more details, please consult the local supplement for your country, available in the ‘Documentation’ section. 

How do I pay for the subscription? The payment methods are listed in the local supplement available in the ‘Documentation’ section.

 

I don’t have my username and password, what do I do? If you are eligible for the offer but have not received your username and password on the first day of the subscription period, on September 15, 2025, access the website www.weshare.amundi.com, click on the ‘Subscribe’ button then the ‘Lost password’ button and follow the procedure. 

How is my subscription calculated? When subscribing, you need to indicate a number of shares you wish acquire. Your total payment will be valued according to the subscription price.
Please keep in mind that final currency amount owed may fluctuate due to currency exchange rate.

How and when can I see my assets after the capital increase? Access depends on country:

 

When will my shares be accessible? You will not be able to access your investment until 5 years after the capital increase (October 23, 2030 included). However, if an early release scenario is applicable to you, you will be able to apply to redeem your holdings from September 27, 2025 onwards.

Note: to be applicable, the event allowing an early release of your investment must occur after the final day of the subscription period, i.e. on or after September 27, 2025. However, the disposal of your shares can only be processed after the company’s share capital has been increased, i.e. after October 23, 2025.

What are the scenarios for an early release of my investment? The early release scenarios are listed in the local supplement available in the ‘Documentation‘.

How do I assert an early release event? If you are affected by one of the applicable scenarios for an early release and you wish to unlock all or part of your investment, you should contact your Human Resources Manager. The manager will inform you of the documents needed for establishing the claim and will send the claim to the custodial account keeper.

Note: claims for the early redemption of your investment sent to the custodial account keeper will only be considered after the capital increase reserved for employees has taken place, i.e. after 23 October 2025.

How and when can I see my assets after the capital increase? Access depends on country:

 

Q&A

Information on the We Share Amundi plan

+

What does We Share Amundi stand for? We Share Amundi is the name of the Amundi’s employee share ownership plan.

What are the features of the offer?

  • You benefit from a 30% discount on the reference price.

  • Your shares will be allocated to an account registered in your name.

  • Any distributed dividends will be paid directly to your bank account, provided that the bank details are correctly entered on your account.

  • Your investment will not be accessible for 5 years unless an early release event occurs as provided by law. See your country’s local supplement for the early release cases, available on the Documentation page.

What type of investment option is being proposed? The formula offered in Direct Shareholding countries is an investment in Amundi shares at a 30% discount to the reference price (classic formula). The shares will be allocated to an account registered in your name.

By subscribing to the operation, do I become an Amundi shareholder? Yes, you will hold Amundi stock in an account registered in your name.
Accordingly, you will have speaking rights at the Amundi General Shareholders’ Meetings as well as voting rights in proportion to the number of shares held.

How many shares are being offered under the Amundi operation? Amundi’s Board of Directors has authorised a total of 1,000,000 shares to be issued in the capital increase reserved for employees. In Japan, the total amount of the We Share 2025 offering is limited to 44,178,059 Japanese Yen.

At what price will the shares be offered to employees? The reference price will be the average of the opening share price over 20 trading days between August 15 and September 11, 2025. It will be established and announced on September 12, 2025.
The subscription price will be set and communicated on September 12, 2025 and will be converted into local currencies at the exchange rate set on September 11, 2025.

Is there a risk of capital loss? Yes, there is a risk of capital loss. 
This investment involves a risk of capital loss: as with any investment in shares, the value of your assets at the time you decide to sell them may be lower than your initial investment, or you may not recover your initial investment. As a general rule when it comes to savings, it is recommended that you make sure to diversify your investments in order to limit the risks.

Beneficiaries

+

How many employees is the offer open to? We Share Amundi 2025 is being offered to more than 5,500 employees of the Amundi Group.

In what countries is the offer available? 15 countries: Austria, France, Czech Republic, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, Malaysia, Singapore, Spain, Switzerland, Taiwan and the United Kingdom.

What companies are participating in this offer? All subsidiaries of Amundi Group, which have a staff of at least 25 employees at the time of the Board of Directors approving the offer (3 February 2025).

What are the eligibility conditions for the operation? To be eligible to participate in the operation, you must:

  • be an employee in a country in which the plan is available;
  • hold an Amundi employment contract (permanent, fixed-term, work-study contract) at the time of the subscription (intership or temporary employment periods are not included in seniority) ;
  • have worked with the company for a minimum of 3 months by the final day of the subscription period, i.e.  26 September 2025. These 3 months of service should be obtained, within the Crédit Agricole Group, between 1 January 2024 and  26 September 2025, on either a continuous or non-continuous basis. (internship or temporary employment periods are not included in seniority).


As a result of sanctions imposed by the European Union, citizens or residents of Russia or Belarus who do not have legal residence or citizenship in the European Union, in a country member of the European Economic Area or in Switzerland may not participate in this offering. 
Therefore, you must declare:

  • You are not a Russian national or resident of Russia, or if you are, you are also a citizen of a Member State of the European Union, of a country member of the European Economic Area or of Switzerland or you have a temporary or permanent residence permit in one of these countries;  and
  • You are not a Belarusian national or a resident of Belarus, or if you are, you are also a citizen of a Member State of the European Union or you have a temporary or permanent residence permit in one of these Member States.

Are the terms of the offer the same in all countries? In the 15 countries where We Share Amundi 2025 is offered, the same major principles apply: employees will benefit a 30% discount on the reference price and they must respect the individual caps on subscription. Taxes and other such charges may differ from one country to another.
Any time regulatory and tax conditions allow it, holding shares in an FCPE (corporate mutual fund) is the procedure opted for. However, in Italy, Japan and Spain, the holding of shares in an FCPE is not possible; as a result, the employees in those countries will buy shares directly.
Furthermore, employees in countries outside the Eurozone will have the added risk of exchange rate fluctuations over the course of their investment. The variation in exchange rates can be favourable when the local currency strengthens against the euro between the time of subscribing and the moment when the holdings are redeemed; conversely, a weakening against the euro will have negative impacts.

Calendar

+

When will the price be known? You can subscribe from September 15 to September 26, 2025 until 20:00 (CET). The subscription price will be established and announced on September 12, 2025.

When will the price be known? The reference price will be known on September 12, 2025. The subscription price will correspond to this price minus the 30% discount. The reference price is equal to the average of the 20 opening prices from August 15 to September 11, 2025. It will be set and communicated on September 12, 2025.

Subscription terms

+

How do I subscribe? Visit the dedicated website weshare.amundi.com:

  • Click on ‘Subscribe’;
  • enter the username and password that you will received in two separate emails on September 15, 2025 (1st first day of the subscription period);
  • fill in the subscription form and confirm.

Can I change or cancel my subscription during the subscription period? Yes, you can change your subscription via the www.weshare.amundi.com website until the final day of the subscription period, i.e. until 20:00 (CET) on  September 26, 2025. Only the last confirmed subscription will be taken into account.

Will I be able to change my subscription after the subscription period ends? No. At the closing of the subscription period, your subscription will be deemed final.

Is there a specific amount of Shares for Japan ?

Yes, The total amount of the We Share 2025 Offering in Japan is limited to 44,178,059 Japanese Yen. If the subscription requests in Japan exceed this ceiling, your subscription will be reduced according to the rule described in the brochure. AMUNDI shares have not been and will not be registered pursuant to Article 4, Paragraph 1 of the Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, as amended) as the total amount of the Offering in Japan, combined with the total amount of the price of shares issued by Amundi in 2024 to the employees of Amundi Group in Japan, is less than 100 million Japanese Yen.

Individual and overall ceilings

+

Is there a minimum investment? No, there is no minimum investment.
However, because you cannot subscribe to a fraction of a share, your subscription must be at least the price of a single share.

Is there a maximum subscription amount? Yes, the maximum amount that can be invested in all employee share ownership plans combined (within  the Credit Agricole Group) is capped at €40,000 per person.
For those outside the Eurozone, the exact equivalent for your currency will be determined once the exchange rate is set (September 11, 2025).
Furthermore, under French law, the amount you can invest in all employee share ownership plans combined is limited to 25% of your gross annual remuneration as estimated for the current year.

How do I calculate my gross annual remuneration? Your gross annual remuneration is made up of your annual salary (before taxes) plus benefits in kind and bonuses (variable individual remuneration) paid for the current year.

What happens if the subscriptions exceed the global and/or Japanese limits?

Should demand exceed the numbers of shares authorized for the plan, the largest subscriptions will be subject to successive caps until all authorized shares are subscribed. Details on the reduction rule can be found in the AMUNDI SHARES FCPE regulation which is available in the ‘Documentation’ section of the website.

Taxation

+

What taxes are applicable in my country? You may be subject to taxation and/or social security contributions

  • when you subscribe because of the discount;
  • during the term of your investment due to the distribution of dividends; and
  • for any capital gains upon exiting the plan. 

For more details, please consult the local supplement for your country, available in the ‘Documentation’ section. 

Financing the subscription

+

How do I pay for the subscription? The payment methods are listed in the local supplement available in the ‘Documentation’ section.

 

The subscription site

+

I don’t have my username and password, what do I do? If you are eligible for the offer but have not received your username and password on the first day of the subscription period, on September 15, 2025, access the website www.weshare.amundi.com, click on the ‘Subscribe’ button then the ‘Lost password’ button and follow the procedure. 

How is my subscription calculated? When subscribing, you need to indicate a number of shares you wish acquire. Your total payment will be valued according to the subscription price.
Please keep in mind that final currency amount owed may fluctuate due to currency exchange rate.

How and when can I see my assets after the capital increase? Access depends on country:

 

Lock-In Period

+

When will my shares be accessible? You will not be able to access your investment until 5 years after the capital increase (October 23, 2030 included). However, if an early release scenario is applicable to you, you will be able to apply to redeem your holdings from September 27, 2025 onwards.

Note: to be applicable, the event allowing an early release of your investment must occur after the final day of the subscription period, i.e. on or after September 27, 2025. However, the disposal of your shares can only be processed after the company’s share capital has been increased, i.e. after October 23, 2025.

What are the scenarios for an early release of my investment? The early release scenarios are listed in the local supplement available in the ‘Documentation‘.

How do I assert an early release event? If you are affected by one of the applicable scenarios for an early release and you wish to unlock all or part of your investment, you should contact your Human Resources Manager. The manager will inform you of the documents needed for establishing the claim and will send the claim to the custodial account keeper.

Note: claims for the early redemption of your investment sent to the custodial account keeper will only be considered after the capital increase reserved for employees has taken place, i.e. after 23 October 2025.

How and when can I see my assets after the capital increase? Access depends on country: