Sanofi: Amundi amends disclosure of 5.7% passive stake

The reported position includes 30,319,386 shares in an employee investment vehicle whose voting rights are exercised by its supervisory board.

Rhea-AI Filing Summary

Sanofi (SNY) ownership figures reported by Amundi and Amundi Asset Management show beneficial ownership of 68,832,052 shares, or 5.70% of the class. Both report shared voting power over 34,587,207 shares and shared dispositive power over 34,244,845 shares; sole voting and dispositive power are zero. The two reports show the same position figures.

Amundi states it does not have voting rights over 30,319,386 shares held through an FCPE dedicated to Sanofi group employee shareholding. The FCPE supervisory board exercises the associated voting rights, with employee representatives holding a majority.

Key Figures

Beneficial ownership: 68,832,052 shares Percent of class: 5.70% Shared voting power: 34,587,207 shares +2 more

5 metrics

Beneficial ownership 68,832,052 shares Reported by Amundi and Amundi Asset Management

Percent of class 5.70% Beneficial ownership reported by Amundi and Amundi Asset Management

Shared voting power 34,587,207 shares Reported by both reporting persons

Shared dispositive power 34,244,845 shares Reported by both reporting persons

Shares held through employee FCPE 30,319,386 shares Amundi states it does not have voting rights over these shares

Key Terms

beneficially owned, Shared Voting Power, Shared Dispositive Power, FCPE

4 terms

beneficially owned financial

"Amount beneficially owned: 68,832,052"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Shared Voting Power financial

"Shared Voting Power 34,587,207.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Shared Dispositive Power financial

"Shared Dispositive Power 34,244,845.00"

FCPE technical

"held through a FCPE"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Sanofi (SNY) shares do Amundi and Amundi Asset Management report owning?

Amundi and Amundi Asset Management each report beneficial ownership of 68,832,052 shares, equal to 5.70% of the class. The two reports show the same position figures.

Who votes the Sanofi (SNY) shares held in the employee FCPE?

The FCPE supervisory board exercises voting rights for 30,319,386 shares held in the employee investment vehicle. Amundi states it does not have voting rights over those shares, and employee representatives hold a majority on the supervisory board.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/26/2026 - 04:00 PM EDT Accepted by SEC EDGAR 10/26/2026 - 04:00 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 13)

SANOFI

(Name of Issuer)

Common Stock/American Depositary Receipts/Convertible Bonds

(Title of Class of Securities)

80105N105

(CUSIP Number)

09/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 80105N105

1

Names of Reporting Persons

AMUNDI

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FRANCE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 34,587,207.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 34,244,845.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

68,832,052.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.70 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Amundi does not have voting rights on 30,319,386 shares which are held through a FCPE (Fonds Commun de Placement d'Enterprise, an investment vehicle established under French law), solely dedicated to Sanofi group's employees shareholding. Employees of Sanofi are granted the right to participate in stock purchase plans in which the shares acquired are exclusively held in this FCPE, created at the request of Sanofi. The voting rights associated to these shares are exercised by the supervisory Board of the FCPE, where representatives of the employees have the majority (if any remaining seats of the supervisory board are designated by Sanofi), and not by Amundi.

SCHEDULE 13G

CUSIP Number(s): 80105N105

1

Names of Reporting Persons

AMUNDI ASSET MANAGEMENT

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FRANCE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 34,587,207.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 34,244,845.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

68,832,052.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.70 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Amundi does not have voting rights on 30,319,386 shares which are held through a FCPE (Fonds Commun de Placement d'Enterprise, an investment vehicle established under French law), solely dedicated to Sanofi group's employees shareholding. Employees of Sanofi are granted the right to participate in stock purchase plans in which the shares acquired are exclusively held in this FCPE, created at the request of Sanofi. The voting rights associated to these shares are exercised by the supervisory Board of the FCPE, where representatives of the employees have the majority (if any remaining seats of the supervisory board are designated by Sanofi), and not by Amundi.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SANOFI
(b)	Address of issuer's principal executive offices: 46 avenue de la Grande Armee, 75017 Paris
Item 2.
(a)	Name of person filing: Amundi Amundi Asset Management
(b)	Address or principal business office or, if none, residence: Amundi: 91-93 boulevard Pasteur, 75015 Paris, France Amundi Asset Management: 91-93 boulevard Pasteur, 75015 Paris, France
(c)	Citizenship: Both Amundi and Amundi Asset Management are organized under the laws of the Republic of France.
(d)	Title of class of securities: Common Stock/American Depositary Receipts/Convertible Bonds
(e)	CUSIP No.: 80105N105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 68,832,052
(b)	Percent of class: 5.70%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 34,587,207
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 34,244,845
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Amundi Asset Management AMUNDI AUSTRIA GMBH Amundi Czech Republic Asset Management AS AMUNDI DEUTSCHLAND GMBH Amundi Hong Kong Amundi Iberia AMUNDI IRELAND LIMITED Amundi Japan Ltd. Amundi SGR S.p.A. Amundi Taiwan CPR Asset Management KBI Global Investors Ltd SOCIETE GENERALE GESTION Sabadell Asset Management, S.A S.G.I.I.C
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

AMUNDI

Signature:	John M. Malone
Name/Title:	John M. Malone | Chief Compliance Officer | Power of Attorney
Date:	10/26/2026

AMUNDI ASSET MANAGEMENT

Signature:	John M. Malone
Name/Title:	John M. Malone | Chief Compliance Officer | Power of Attorney
Date:	10/26/2026