Obbligazione Crédit Agricole SA 0% ( FR0014008P62 ) in EUR

Crédit Agricole SA

100 EUR ⇌

Francia

FR0014008P62 ( in EUR )

25/02/2027

Prospetto opuscolo dell'obbligazione Crédit Agricole FR0014008P62 en EUR 0%, scadenza 25/02/2027

100 000 EUR

40 000 000 EUR

Crédit Agricole è un gruppo bancario francese leader nel settore dell'agricoltura e del credito cooperativo.

The Obbligazione issued by Crédit Agricole SA ( France ) , in EUR, with the ISIN code FR0014008P62, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 25/02/2027

MIFID II product governance / Professional investors and ECPs only target market Solely for
the purposes of each manufacturer's product approval process, the target market assessment in
respect of the Notes, taking into account the five categories referred to in item 18 of the Guidelines
published by ESMA on 5 February 2018 has led to the conclusion that: (i) the target market for the
Notes is eligible counterparties and professional clients only, each as defined in Directive (EU)
2014/65 (as amended, "MiFID II"); and (ii) all channels for distribution of the Notes to eligible
counterparties and professional clients are appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take into consideration the manufacturer's target
market assessment; however, a distributor subject to MiFID II is responsible for undertaking its own
target market assessment in respect of the Notes (by either adopting or refining the manufacturers'
target market assessment) and determining appropriate distribution channels.
UK MIFIR product governance / Professional investors and ECPs only target market Solely
for the purposes of the manufacturer's product approval process, the target market assessment in
respect of the Notes, taking into account the five categories referred to in item 18 of the Guidelines
published by ESMA on 5 February 2018 (in accordance with the FCA's policy statement entitled
"Brexit our approach to EU non-legislative materials"), has led to the conclusion that: (i) the target
market for the Notes is only eligible counterparties, as defined in the FCA Handbook Conduct of
Business Sourcebook ("COBS"), and professional clients, as defined in Regulation (EU) No
600/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018
("UK MiFIR"); and (ii) all channels for distribution of the Notes to eligible counterparties and
professional clients are appropriate. Any person subsequently offering, selling or recommending the
Notes (a "distributor") should take into consideration the manufacturers' target market assessment;
however, a distributor subject to the FCA Handbook Product Intervention and Product Governance
Sourcebook (the "UK MiFIR Product Governance Rules") is responsible for undertaking its own
target market assessment in respect of the Notes (by either adopting or refining the manufacturers'
target market assessment) and determining appropriate distribution channels.
[EMEA_ACTIVE 302033862_4]

Final Terms dated 23 February 2022
Crédit Agricole S.A.
Legal Entity Identifier (LEI): 969500TJ5KRTCJQWXH05
Euro 80,000,000,000
Euro Medium Term Note Programme
Series No: 624
Tranche No: 1
Issue of EUR 40,000,000 Senior Non Preferred Floating Rate Notes due 25 February
2027
(the "Notes")
Issued by: Crédit Agricole S.A. (the "Issuer")
Dealer
Bred Banque Populaire

Any person making or intending to make an offer of the Notes may only do so in circumstances
in which no obligation arises for the Issuer or any Dealer to publish a prospectus pursuant to
Article 3 of the Prospectus Regulation or supplement a prospectus pursuant to Article 23 of
the Prospectus Regulation, in each case, in relation to such offer.
Neither the Issuer nor any Dealer has authorised, nor do they authorise, the making of any
offer of Notes in any other circumstances.
The expression "Prospectus Regulation" means Regulation (EU) No 2017/1129, as
amended.
3

Part A Contractual Terms
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions
set forth in "Terms and Conditions of the French Law Notes" in the base prospectus dated 12
April 2021 which has received approval no. 21-101 from the Autorité des marchés financiers
(the "AMF") on 12 April 2021, the first supplement to it dated 27 May 2021 which has received
approval no. 21-185 from the AMF on 27 May 2021, the second supplement to it dated 23
August 2021 which has received approval no. 21-366 from the AMF on 23 August 2021, the
third supplement to it dated 23 November 2021 which has received approval no. 21-501 from
the AMF on 23 November 2021, the fourth supplement to it dated 3 January 2022 which has
received approval no. 22-003 from the AMF on 3 January 2022 and the fifth supplement to it
dated 15 February 2022 which has received approval no. 22-031 from the AMF on 15 February
2022, and which together constitute a base prospectus for the purposes of the Prospectus
Regulation (the "Base Prospectus"). This document constitutes the Final Terms of the Notes
described herein for the purposes of Article 8 of the Prospectus Regulation and must be read
in conjunction with the Base Prospectus. Full information on the Issuer and the offer of the
Notes is only available on the basis of the combination of these Final Terms and the Base
Prospectus. The Base Prospectus is available for viewing on the website of the Issuer
(https://www.credit-agricole.com/finance/finance/dette/emissions-marche/credit-agricole-s.a.-
emissions-marche), on the website of the AMF (www.amf-france.org) and copies may be
obtained from Crédit Agricole S.A., 12, place des Etats-Unis, 92127 Montrouge Cedex, France.
4

1.
Issuer:
Crédit Agricole S.A.
2.
(i)
Series Number:
624
(ii)
Tranche Number:
1
(iii)
Date on which the Notes
Not Applicable
become fungible:
3.
Specified Currency or
Euro ("EUR")
Currencies:
4.
Aggregate Nominal Amount:
(i)
Series:
EUR 40,000,000
(ii)
Tranche:
EUR 40,000,000
5.
Issue Price:
101.719 per cent. of the Aggregate
Nominal Amount
6.
Specified Denomination:
EUR 100,000
7.
(i)
Issue Date:
25 February 2022
(ii)
Interest
Issue Date
Commencement Date:
8.
Maturity Date:
The Specified Interest Payment Date
falling on or nearest to 25 February 2027
9.
Interest Basis:
3-month EURIBOR + 0.94 per cent. per
annum Floating Rate
(further particulars specified in
paragraph 16 below)
10.
Redemption Basis:
Subject to any purchase and
cancellation or early redemption, the
Notes will be redeemed on the Maturity
Date at 100 per cent. of their nominal
amount
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
Not Applicable
13.
Status:
Senior Non-Preferred Notes
14.
Dates of the corporate
Resolution of the Board of Directors of
authorisations for issuance of the
the Issuer dated 9 February 2022 and
Notes:
the Final Terms which constitute the
décision d'émission
Provisions Relating to Interest (if any) Payable
15.
Fixed Rate Note:
Not Applicable
16.
Floating Rate Note:
Applicable from (and including) the
Issue Date to (but excluding) the
Maturity Date
(i)
Interest Period(s):
Each period from (and including) a
Specified Interest Payment Date to (but
5

excluding) the next subsequent
Specified Interest Payment Date
(ii)
Specified Interest
Quarterly in arrears on 25 February, 25
Payment Dates:
May, 25 August and 25 November in
each year from (and including) the
Specified Interest Payment Date falling
on or nearest 25 May 2022 to (and
including) the Maturity Date
(iii)
First Interest Payment
The Specified Interest Payment Date
Date:
falling on or nearest to 25 May 2022
(iv)
Interest Period Date:
Not Applicable
(v)
Business
Day
Modified Following Business Day
Convention:
Convention
(vi)
Business Center(s):
TARGET2
(vii)
Manner in which the
Screen Rate Determination
Rate(s) of Interest is/are
to be determined:
(viii)
Party responsible for
Not Applicable
calculating the Rate(s)
of Interest and Interest
Amount(s) (if not the
Calculation Agent):
(ix)
Screen
Rate
Applicable
Determination:

Reference Rate: 3-month EURIBOR

Benchmark:
Not Applicable

Relevant Inter-
Euro-zone
Bank Market:

Relevant Screen
11.00 a.m. (Brussels time)
Page Time:

Interest
The day falling two (2) TARGET2
Determination
Business Days prior to the first day in
Date:
each Interest Accrual Period

Relevant Screen
Reuters EURIBOR01
Page:

SOFR Rate Cut-
Not Applicable
Off Date:

SONIA Rate
Not Applicable
Cut-Off Date:

SARON Rate
Not Applicable
Cut-Off Date:
6

TONA Rate Cut-
Not Applicable
Off Date:

Lookback Days:
Not Applicable

Observation
Not Applicable
Shift Days:

Relevant
Not Applicable
Number:

Interest Accrual
Not Applicable
Period End
Dates:

Interest
Not Applicable
Payment Delay:

SOFR Index
Not Applicable
Start:

SOFR Index
Not Applicable
End:

SAION Index
Not Applicable
Start:

SAION Index
Not Applicable
End:

SONIA Index
Not Applicable
Start:

SONIA Index
Not Applicable
End:
(x)
ISDA Determination:
Not Applicable
(xi)
FBF Determination:
Not Applicable
(xii)
Linear Interpolation:
Not Applicable
(xiii)
Margin(s):
+ 0.94 per cent. per annum
(xiv)
Minimum Rate of
0.00 per cent. Condition 5(i) shall apply
Interest:
(xv)
Maximum Rate of
Not Applicable. Condition 5(i) shall
Interest:
apply
(xvi)
Day Count Fraction:
Actual/360, adjusted
17.
Zero Coupon Note:
Not Applicable
18.
CMS Linked Note:
Not Applicable
19.
Inflation Linked Notes:
Not Applicable
Provisions Relating to Redemption
20.
Redemption at the Option of the
Not Applicable
Issuer (Call Option):
21.
Clean-up Redemption Option:
Not Applicable
7

22.
Redemption at the Option of
Not Applicable
Noteholders (Put Option):
23.
(i) MREL/TLAC
Applicable
Disqualification Event
Call Option:
(ii)
Early Redemption
Final Redemption Amount
Amount:
24.
Final Redemption Amount of
Subject to any purchase and
each Note:
cancellation or early redemption, the
Notes will be redeemed on the Maturity
Date at 100.00 per cent. of their
outstanding principal amount
25.
Early Redemption Amount of
EUR 100,000 per Note of EUR 100,000
each Note:
Specified Denomination
26.
Make-Whole Redemption
Not Applicable
Amount:
27. General Provisions Applicable to the Notes
(i)
Form of Notes (Bearer
Dematerialised Notes
Notes):
(ii)
Form of Dematerialised
Bearer dematerialised form (au porteur)
Notes:
(iii)
Registration Agent:
Not Applicable
(iv)
Temporary Global
Not Applicable
Certificate:
28.
Exclusion of the possibility to
Not Applicable
request identification of a
Noteholder as Provided by
Condition 1(a):
29.
Financial Center(s):
TARGET2
30.
Talons for future Coupons or
Not Applicable
Receipts to be attached to
Definitive Materialised Bearer
Notes (and dates on which such
Talons mature):
31.
Details relating to Instalment
Not Applicable
Notes:
32.
Applicable tax regime:
Condition 8(a) applies
33.
Representation of holders of
Contractual Masse shall apply
French Law Notes Masse:
Primary Appointed Representative: as
per the Conditions F&S Financial
8

Services, 8. rue du Mont Thabor, 75001
Paris, France
Alternate Appointed Representative: as
per the Conditions Aether Financial
Services, 36, rue de Monceau, 75008
Paris, France
Remuneration: as per the Conditions
the remuneration of the Primary
Appointed Representative or, as the
case may be, the Alternate Appointed
Representative, will be equal to EUR
400 per year (excluding taxes), payable
as per the Conditions.
Responsibility
I hereby accept responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer on 23 February 2022
Duly represented by: Laurent Côte
Crédit Agricole Group Treasurer
9

Part B Other Information
1.
LISTING AND ADMISSION TO TRADING
(i)
Listing:
Application has been made for the Notes to
be admitted to trading on Euronext Paris with
effect from 23 February 2022
(ii)
Estimate of total expenses
EUR 4,400 (without tax)
related to admission to trading:
2.
RATINGS
The Notes to be issued have been rated:
Standard & Poor's: A-
Moody's: A3
Fitch: A+
Standard & Poor's, Moody's and Fitch are
established in the European Union or in the
United Kingdom and are registered under
Regulation (EC) No 1060/2009 (the "CRA
Regulation") or under the CRA Regulation as
it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 (the
"EUWA"). As such, Standard & Poor's, Moody's
and Fitch are included in the list of credit rating
agencies published by the European Securities
and Market Authority on its website in
accordance with the CRA Regulation
(www.esma.europa.eu/supervision/credit-
rating-agencies/risk).
As defined by Standard & Poor's, an obligation
rated 'A' is somewhat more susceptible to the
adverse effects of changes in circumstances
and economic conditions than obligations in
higher-rated categories. However, the obligor's
capacity to meet its financial commitment on
the obligation is still strong. The addition of a
minus (-) sign shows relative standing within
that rating category.
As defined by Moody's, obligations rated "A" by
Moody's are judged to be upper-medium grade
and are subject to low credit risk. The modifier
3 indicates a ranking in the lower end of that
generic rating category.
10