Common use of Social Dialogue Clause in Contracts

Social Dialogue. The Crédit Agricole S.A. Group and UNI state that listening and consultation are key aspects of trust between social partners, which ensure progress on both the individual and the collective level. The parties are convinced that their relationship must take the form of regular and constructive dialogue. They maintain that dialogue and consultation remain the best method for resolving problems or differences of position. Thus, the parties undertake to first seek solutions through dialogue over any other form of action. In concrete terms, they agree to meet regularly and whenever necessary in order to seek an understanding of each other's positions and find a satisfactory compromise, taking into account the necessary economic and social balance. The banking sector is part of a general context of major technological, economic, social or regulatory transformation. Anticipation of and adaptation to these changes is an essential condition for the Group’s economic performance, guaranteeing that employment is maintained and developed and good working conditions are maintained. In order to deal with these changes under the best possible conditions, the entities are invited, in compliance with applicable national law, to regularly inform employee representatives and, within the framework of existing locally bodies or forums, to discuss the Group's strategy and how it adapts to their environment. To enable employees to plan for the long term and to strengthen mutual trust between management and employees, any company restructuring plan that will have a significant impact on the employment situation within a company belonging to the Crédit Agricole S.A. Group will be announced on a timely basis. A dialogue will be initiated from the beginning of the process between the representatives of the Employees and those of the local Management to seek socially responsible solutions with particular care given in the event of collective redundancies. This voluntary undertaking shall not diminish any specific legal rights and provisions within the European Economic Area or any other rights or collective agreements concluded at the national or company level. As part of its social dialogue, Crédit Agricole S.A. Group will continue to comply with its collective bargaining obligations in accordance with applicable national and international law. The Crédit Agricole S.A. group and UNI confirm their commitment to the organisation of constructive labour negotiations with trade unions as defined in the OECD Guidelines for Multinational Enterprises. The parties jointly assert that the right to collective bargaining can be exercised within the Crédit Agricole S.A. Group without fear of pressure, repression or any other form of action of opposition or discrimination. Negotiations, when they are local in nature, are organised exclusively in the entity concerned by the agreement envisaged and between the social partners of this same entity in accordance with applicable national law.

Social Dialogue. The Crédit Agricole S.A. Group and UNI state that listening and consultation are key aspects of trust between social partners, which ensure progress on both the individual and the collective level. The parties are convinced that their relationship must take the form of regular and constructive dialogue. They maintain that dialogue and consultation remain the best method for resolving problems or differences of position. Thus, the parties undertake to first seek solutions through dialogue over any other form of action. In concrete terms, they agree to meet regularly and whenever necessary in order to seek an understanding of each other's positions and find a satisfactory compromise, taking into account the necessary economic and social balance. The banking sector is part of a general context of major technological, economic, social or regulatory transformation. Anticipation of and adaptation to these changes is an essential condition for the Group’s economic performance, guaranteeing that employment is maintained and developed and good working conditions are maintained. In order to deal with these changes under the best possible conditions, the entities are invited, in compliance with applicable national law, to regularly inform employee representatives and, within the framework of existing locally bodies or forums, to discuss the Group's strategy and how it adapts to their environment. To enable employees to plan for the long term and to strengthen mutual trust between management and employees, any company restructuring plan that will have a significant impact on the employment situation within a company belonging to the Crédit Agricole S.A. Group will be announced on a timely basis. A dialogue will be initiated from the beginning of the process between the representatives of the Employees and those of the local Management to seek socially responsible solutions with particular care given in the event of collective redundancies. This voluntary undertaking shall not diminish any specific legal rights and provisions within the European Economic Area or any other rights or collective agreements concluded at the national or company level. As part of its social dialogue, the Crédit Agricole S.A. Group will continue to comply complies with its collective bargaining obligations in accordance with applicable national and international law. The Crédit Agricole S.A. group and UNI confirm their commitment to the organisation of constructive labour negotiations with trade unions as defined in the OECD Guidelines for Multinational Enterprises. The parties jointly assert that the right to collective bargaining can be exercised within the Crédit Agricole S.A. Group without fear of pressure, repression or any other form of action of opposition or discrimination. Negotiations, when they are local in nature, are organised exclusively in the entity concerned by the agreement envisaged and between the social partners of this same entity in accordance with applicable national law.