AMUNDI CASH INSTITUTIONS SRI - I

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1 30/06/2018 Key information (source : Amundi) Net Asset Value (NAV) : 219, ( EUR ) NAV and AUM as at : 29/06/2018 Assets Under Management (AUM) : 18, ( million EUR ) ISIN code : FR Bloomberg code : CLAMEON FP Reuters code : LP SEDOL code : - Benchmark : Compounded EONIA Investment Objective On a daily basis, the investment team seeks to replicate the money market's performance as closely as possible. To this end, it exploits the credit premium offered by private bonds while checking compliance with the fund's liquidity and security constraints. Risk & Reward Profile (SRRI) Lower risk, potentially lower rewards Higher risk, potentially higher rewards The SRRI represents the risk a nd return profile a s presented in the Key Investor Inform a tion Docum ent (KIID). The lowest ca tegory does not im ply tha t there is no risk. The SRRI is not guaranteed and may change over time. Returns Non-capital guaranteed fund -0.2 % % -0.3 % % -0.4 % 15.0 Cumulative returns * /17 08/17 09/17 10/17 11/17 12/17 01/18 02/18 03/18 04/18 05/18 06/18 Portfolio Benchmark Basis points spread WAM and WAL in days WAM WAL 29/06/ /05/ /04/ /03/ /02/ /01/ /12/ /11/ /10/ /09/ /08/ /07/ WAL (Weighted Average Life) : credit duration in days WAM (Weighted Average Maturity) : modified duration in days Volatility YTD 1 m onth 3 m onths 1 yea r 3 yea rs 5 years Since Since 29/12/ /05/ /03/ /06/ /06/ /06/ /01/1991 Portfolio -0.31% -0.32% -0.32% -0.27% -0.13% 0.04% 3.19% Benchm a rk -0.36% -0.36% -0.36% -0.36% -0.31% -0.16% - Sprea d 0.06% 0.04% 0.04% 0.09% 0.18% 0.20% - Calendar year performance * Portfolio -0.20% -0.05% 0.10% 0.34% 0.27% 0.63% 1.13% 0.68% 1.16% 4.44% Benchm a rk -0.36% -0.32% -0.11% 0.10% 0.09% 0.24% 0.89% 0.44% 0.73% 3.99% * Source : Am undi. Cum ula tive returns a re ca lcula ted on a yea rly ba sis on a 360 da ys over one period < 1 yea r a nd 365 da ys ba sis of over one period > 1 yea r (expressed with the round-off superior). The a bove results perta in to full 12-m onth period per ca lenda r yea r. All perform a nces a re ca lcula ted net incom e reinvested a nd net of a ll cha rges ta ken by the Sub-Fund. Pa st perform a nce is not a relia ble indicator of future performance. The value of investments may vary upwards or downwards according to market conditions. 1 yea r 3 yea rs 5 yea rs Portfolio volatility 0.01% 0.02% 0.03% Benchmark volatility 0% 0.01% 0.03% Volatility is a statistical indicator that measures an asset s variations around its average value. For example, market variations of +/- 1.5% per day correspond to a volatility of 25% per year. Fund statistics Portfolio Modified duration 0.04 Average rating A Number of lines 151 Issuer number 79 Modified duration (in points) estimates a bond portfolio s percentage price change for 1% change in yield amundi.com

2 Patrick Simeon Head of Treasury Management Management commentary Monetary policy: The European Central Bank left its key rates unchanged, the refi rate remains at 0.00% with the deposit facility rate and the marginal rate at respectively -0.40% and 0.25%. With regard to ECB interest rates, Mr Draghi said: we expect them to remain at their present levels at least through the summer of 2019 and in any case for as long as necessary to ensure that the evolution of inflation remains aligned with our current expectations of a sustained adjustment path. Investment policy: - Liquidity: Instantaneous liquidity was essentially provided by overnight transactions. - Interest rate risk: The portfolio's weighted average maturity (WAM) was 13 days at the end of the period. - Credit risk: Short-term spreads increased slightly at the short end of the curve, at respectively EONIA -4bps to EONIA +10bps on maturities of three months to one year. During the month, we essentially sought to invest in any opportunities that arose in a market with very few issues. At month-end, the bond weighting was of about 23% of fund assets, including nearly 5% in puttables, most of which are matched with three-month puts. BBB-rated issuers represented about 22% of the portfolio at month-end. - Average life and average rating: The weighted average life (WAL) of this money market portfolio is 170 days. Its average long-term rating remains good, at A. Social responsibility: The portfolio had an average SRI rating of C+ at month-end, better than that of its investment universe (C). Portfolio breakdown Principal lines in Portfolio Portfolio Ma turity Country Instrument Group Counterpartyrty NATIXIS 2.48% 28/11/2018 France Money market - SOCIETE GENERALE 2.23% 20/09/2019 France Bonds - BARCLAYS BK PLC 2.05% 31/12/2018 United Kingdom Money market - COOPERATIEVE RABOBANK UA 1.99% 18/10/2018 Netherlands Money market - UNICREDIT BK IRELAND PLC 1.98% 22/09/2018 Italy Bonds - NATIXIS 1.98% 10/08/2018 France Money market - BANQUE FED.CREDIT MUTUEL 1.92% 04/09/2018 France Money market - BPCE SA 1.83% 03/08/2018 France Money market - CREDIT INDUSTR. ET COMMERCIAL 1.73% 04/09/2018 France Money market - BNP PARIBAS FORTIS SA 1.70% 03/09/2018 Belgium Money market - * For reverse repurchase, displayed maturity is of 1 day. It corresponds to the time necessary to settle the transaction * Counterparty column: information only available for the reverse repurchase Portfolio breakdown - Short term Rating Portfolio breakdown - Long term rating % 0.84 % 1.39 % 60 % 40 % % 3.71 % A1 A1+ A2 A % NR Median Rating calculated of the three agencies: Fitch, Moody's and Standard & Poor's % 20 % 4.69 % 1.39 % 0 % AA A BBB NR Portfolio Median Rating calculated of the three agencies: Fitch, Moody's and Standard & Poor's

3 Portfolio breakdown - Sector Portfolio breakdown - Instrument Type % % 0.74 % 4.88 % % Financials Corporate Portfolio breakdown by maturity % Bonds Commercial Paper NEU CP Putable Term Deposit % 8-30 days 6.11 % days days days % 9.99 % % days % > 397 days 9.43 % 0 % 5 % 10 % 15 % 20 % 25 % 30 % : assets invested for one business day Long-Term ratings / maturity matrix AA AA- A+ A A- BBB+ BBB BBB- NR Total 0-4 months % 4.34% 11.04% 1.70% 2.60% 8.02% 0.17% 0.86% 23.95% 54.67% 4-12 months 0.48% 1.24% 13.10% 12.15% % 4.21% 0.67% 0.27% % months % 0.29% 0.66% 2.08% % % months % 1.42% 0.50% % 0.37% % Tota l 0.48% 4.21% 18.86% 27.31% 1.99% 6.30% 14.69% 0.84% 1.39% 23.95% 100%

4 Countries / S ectors / Maturities matrix 0-1 month 1-3 months 3-6 months 6-12 months 1-2 years Total Euro Zone 5.67% 18.27% 10.13% 17.18% 8.21% 59.46% Belgium % 0.50% % Financials % 0.50% % Fra nce 2.53% 11.45% 6.03% 8.43% 4.46% 32.90% Financials 1.53% 10.73% 4.83% 7.38% 3.37% 27.84% Corporate 1.01% 0.72% 1.20% 1.05% 1.09% 5.06% Germ a ny % 0.25% 0.76% 1.91% 3.82% Financials % 0.25% 0.53% 0.74% 2.42% Corporate % 1.17% 1.40% Ita ly 1.98% 3.96% 0.67% 4.02% 0.25% 10.88% Financials 1.98% 3.96% 0.67% 2.73% % Corporate % 0.25% 1.54% Luxem bourg 0.50% % 1.52% 2.52% Financials 0.50% % 1.36% 2.36% Corporate % 0.16% Netherla nds % 3.48% 0.07% 6.03% Financials % 3.48% % Corporate % 0.07% Portuga l 0.17% % Corporate 0.17% % Spa in 0.49% 0.25% 0.20% % Financials % % Corporate 0.49% 0.25% 0.03% % Rest of the world 0.44% 2.43% 2.60% 8.92% 2.21% 16.60% Ca na da % 0.25% Financials % 0.25% Ja pa n % 0.18% Financials % 0.18% Norwa y % % Corporate % % Sweden % 0.38% 0.42% 1.10% Financials % 0.38% % Corporate % % 0.62% Switzerla nd % 1.24% % Financials % 1.24% % United Kingdom % 0.68% 7.05% 0.98% 10.85% Financials % 0.68% 7.05% 0.98% 10.00% Corporate % % United States 0.44% 0.25% % 0.38% 1.31% Corporate 0.44% 0.25% % 0.38% 1.31% O/N & repo 23.95% %

5 Information Fund structure Management Company Custodian Mutual Fund (FCP) under French law Amundi Asset Management CACEIS Bank Share-class inception date 08/04/1988 Share-class reference currency Classification Type of shares ISIN code Bloomberg code Minimum first subscription / subsequent Frequency of NAV calculation EUR Standard money market Accumulation FR CLAMEON FP 10 Share(s) / 1 thousandth(s) of (a) share(s) Dealing times Orders received each day D day before 12:25 Entry charge (maximum) 0% Maximum direct annual management fees including taxes Maximum indirect annual management fees including taxes - Performance fees Maximum performance fees rate (% per year) 50 Exit charge (maximum) 0% Daily 0.10% IAT Ongoing charge 0.05% ( realized ) - 29/12/2017 Minimum recommended investment period Benchmark index performance record UCITS compliant Current/Forward price Redemption Date Subscription Value Date Yes 1 Day to 3 Months 31/12/1999: COMPOUNDED EONIA UCITS Forward pricing D D Your fund presents a risk of ca pita l loss. Its net a sset va lue m a y fluctua te a nd the invested ca pita l is not gua ra nteed. Under no circum sta nces m a y the fund draw on external support to guarantee or stabilise its net asset value. Investing in money market funds is unlike investing in bank deposits.

6 TREASURY SRI Terminology Socially Responsible Investment (SRI) The SRI expresses sustainable development objectives in investment decisions by adding Environmental, Social and Governance (ESG) criteria in addition to the traditional financial criteria. SRI thus aims to balance economic performance and social and environmental impact by financing companies and public entities which contribute to sustainable development whatever their business sector. By influencing the governance and behaviour of stakeholders, SRI promotes a responsible economy. ESG criteria The criteria are extra-financial criteria used to assess the Environmental, Social and Governance practices of companies, states or local authorities: E for Environment (energy and gas consumption levels, water and waste management, etc.). S for Social/Society (respect for human rights, health and safety in the workplace, etc.). G for Governance (independence of board of directors, respect for shareholders rights, etc.) SRI according to Amundi Ra t ing s c a le f rom A (be s t s c ore ) t o G (w ors t s c ore ) An SRI portfolio follows these rules : 1 - Exclusion of E, F and G scores ¹ 2 - Overall portfolio rating of C or above 3 - Overall portfolio rating above the benchmark index/investment universe rating 4 - ESG rating for 90% minimum of portfolio stock ² Average ESG rating Environmental, social and governance rating Of Portfolio² Sectoral focus 3.49% 16.28% 49.83% 21.72% 0% 0% 0% 8.67% E F G A B not rated D C C+ Pharma Sector In view of the challenges and risks, the quality and security of pharmaceutical products appears to be a major issue for the sector. The pharmaceutical sector must also make a specific effort in terms of transparency of its activities from an ethical perspective, in particular on matters of corruption of public or medical employees in order to increase the company's sales volumes. Additionally, the issue of access to medications for the most vulnerable populations must be examined with care, both with respect to populations and rare diseases. In this context, Merck KGaA is the best pharmaceutical company in terms of CSR performance, with solid management and quality procedures. Its portfolio of medications and its pipeline meet the needs of the populations in developing countries, where the company is also well established. Alongside this, good management of its production line and effective oversight of its service providers ensure the company has a very low number of product recalls. Evaluation by ESG criteria Environm ent C+ Socia l C- Governa nce C+ Sanofi meanwhile has a relatively balanced ESG profile combined with first class reporting, in terms of both transparency on multiple indicators and innovation. The Group is particularly noted for its excellent performance in access to medications, allowing it to be well positioned in developing countries where it is heavily represented. Global Rating C+ Coverage of ESG analysis Number of issuers 88 % of the portfolio with an a n ESG rating² 91.33% Certification and Label SRI ¹ If an issuer's rating is downgraded to E, F or G, the manager has a period of three months in which to sell the security. A tolerance is authorized for buy and hold funds. ² Outstanding securities in terms of ESG criteria excluding cash assets. ³ The investment universe is defined by the fund's reference indicator. If the fund does not have an indicator, it is defined by type of security, geographic zone and investment themes and business sectors. For more information, we invite you to consult the fund's transparency charter, which is available on the management company's website and on the AFG website

7 TREASURY Legal information This document is provided for information purposes only and does not constitute a recommendation, a solicitation, an offer, advice or an invitation to purchase or sell any units or shares of the fund (FCP), collective employee fund (FCPE), SICAV, SICAV sub-fund or SICAV investing primarily in real estate (SPPICAV) (collectively, the Funds ) described herein and should in no case be interpreted as such. This document is not a contract or commitment of any form. Information contained in this document may be altered without notice. The management company accepts no liability whatsoever, whether direct or indirect, that may arise from the use of information contained in this document. The management company can in no way be held responsible for any decision or investment made on the basis of information contained in this document. The information contained in this document is disclosed to you on a confidential basis and shall not be copied, reproduced, modified, translated or distributed without the prior written approval of the management company, to any third person or entity in any country or jurisdiction which would subject the management company or any of the funds, to any registration requirements within these jurisdictions or where it might be considered as unlawful. Not all of the funds are systematically registered in all jurisdictions of all investors. Investment involves risk. The past performances shown in this document, and simulations based on these, do not guarantee future results, nor are they reliable indicators of future performance. The value of an investment in units or shares of the funds may fluctuate according to market conditions and cause the value of an investment to go up or down. As a result, fund investors may lose all or part of the capital originally invested. All potential investors in the funds are advised to ascertain whether such an investment is compatible with the laws to which they are subject and the tax implications of such an investment prior to investing, and to familiarise themselves with the legal documents in force for each fund. Unless stated otherwise, the management company is the source of the data in this document. Unless stated otherwise, the data in this document are correct as at the date specified under MONTHLY REPORT at the beginning of this document. This document is designed exclusively for institutional, professional, qualified or sophisticated investors and distributors. It is not meant for the general public or private clients of any jurisdiction or those qualified as 'US Persons'. Approved investors in regard to the European Union are those which are defined as "Professional" investors in Directive 2004/39/EC of 21 April 2004 "MiFID" or, as the case may be, as defined under each local legislation and, insofar as the offer in Switzerland is concerned, "qualified investors" as set forth in the federal Law on Collective Investments (LPCC), the Ordinance on collective investments of 22 November 2006 (OPCC) and the FINMA 08/8 Circular regarding the legislation on collective investments of 20 November This document shall not, under any circumstance, be sent within the European Union to non "Professional" investors as defined by the MFI or under each local legislation, or in Switzerland to those investors which are not defined as "qualified investors" in the applicable law and regulations.