Groupama has successfully carried out the issue of a new perpetual subordinated debt of EUR 600 million

Groupama announced the issue on 7 January 2026 of EUR 600 million in fixed-rate Restricted Tier1 perpetual notes, subscribed by institutional investors and offering a fixed coupon of 5.750%. The purpose of this transaction was to take advantage of current supportive market conditions to optimize the group’s capital structure.