COFACE SA Reports Earnings Results for the First Quarter Ended March 31, 2023

Coface SA is one of the world's leaders in credit insurance. The group provides solutions to companies designed to protect them against the risk of financial default by their debtors, as part of the management of their accounts receivable, on both their domestic and export markets. Net sales break down by activity as follows: - credit insurance and related services (83.4%); - surety insurance (9.2%); - factoring services (3.9%); - credit management services (3.5%). Net sales are distributed geographically as follows: Western Europe (20.4%), the Mediterranean and Africa (28.2%), Northern Europe (20.3%), Central Europe (9.5%), North America (9.2%) , Asia-Pacific (7.1%) and Latin America (5.3%).