CNP Assurances exercises its option to repay a subordinated debt

CNP Assurances has decided to exercise its redemption option on its subordinated instrument FR0010203026. Issued on June 27, 2005, this instrument represented a perpetual fixed-rate bond with an initial nominal amount of €75 million. Redemption is scheduled for June 29, 2026, in accordance with the terms set forth in the offering circular dated June 24, 2005.

This decision stems from the fact that the instrument is no longer eligible for Tier 1 regulatory capital since January 1, 2026, in accordance with the Solvency II Directive. This repayment will help CNP Assurances to optimize its capital structure in line with its development objectives and capital market opportunities.