ourexpertise - Crédit Agricole CIB

6GENERAL INFORMATION STATUTORY AUDITORS’ SPECIALREPORTon related party agreements and commitmentsShareholders’ Meeting to approve the financial statements for the yearended 31 December 2010This is a free translation into English of the Statutory Auditors’ report issued in the French language and is provided solely for the convenienceof English speaking readers.This report should be read in conjunction with, and construed in accordance with French law and professional auditing standards applicablein France.To the shareholders,In our capacity as the Company’s statutory auditors, we hereby submit our report on regulated agreements and commitments.We are required to inform you, on the basis of the information provided to us, of the terms and conditions of the contractual agreementsor commitments indicated to us or that we may have identifi ed in the performance of our engagement. It is not our role to comment as towhether they are benefi cial or to ascertain the existence of any such agreements and commitments. It is your responsibility, in accordancewith Article R.225-31 of the French Commercial Code, to assess the benefi ts resulting from these agreements and commitments prior totheir approval.In addition, we are required to inform you in accordance with Article R.225-31 of the Code de commerce concerning the implementation ofthe agreements and commitments already approved by the shareholders’ meeting.We have taken the steps we consider necessary to comply with professional code of the Compagnie Nationale des Commissaires auxComptes (France’s national association of statutory auditors) relating to this assignment. These steps consisted of verifying that the informationprovided to us is consistent with the underlying documents from which it was taken.Agreements and commitments submitted for approval by the shareholders’meetingAgreements and commitments authorised during the past financial yearIn accordance with article L.225-40 of the French Commercial Code, we have been informed of the agreements and commitments that haveobtained prior approval from your Board of Directors.1. WITH NEWEDGE GROUPNATURE AND PURPOSEMr. Patrick Valroff, Chief Executive Offi cer until 1 December 2010 and Mr. Pierre Cambefort, Deputy Chief Executive Offi cer.NATURE AND PURPOSEOn 9 November 2010 your Board of Directors authorised your company to sign an agreement which deals with the subcontracting to NewedgeGroup of the back-offi ce services for derivative fi nancial instruments traded on regulated markets in France and abroad.The agreement covers the transactions carried out by your company and those carried out by Crédit Agricole S.A. and Indosuez FinanceUK Limited, a subsidiary of your company for which the back-offi ce process was entrusted to your company and the latter has recourse toNewedge Group for back-offi ce services.258SHELF-REGISTRATION DOCUMENT CRÉDIT AGRICOLE CIB 2010