According to French media reports, Arsenal may offer Lacazette a 1+1 contract extension.

The Team Newspaper reported that Arsenal could offer Raqqa a one-year contract extension with the option to extend it for another year after expiration.
Lacazette's contract expires this summer. Previously, Arteta hinted that the length of the contract extension was a key issue that needed to be solved in the summer window and needed to be carefully considered.
Arsenal are expected to favor a short-term contract extension for Lacazette, while the French shooter himself wants long-term protection.
Maybe a 1+1 contract will help both sides reach a compromise, but we can imagine Lacazette definitely wanting a 2-year or longer contract.
Without a contract extension, Lacazette will become a free agent in June. Spanish media reported that he was one of Atletico's targets, and they wanted to replace Suarez, who also had a contract expiring.
In addition to Atletico, Barca and Lyon have also had gossip with the French.
Next Monday's game against Arsenal, Crystal Palace could have two core players out, with Zaha and Orisee in doubt due to injury.
Due to injuries, Zaha and Olissy had to miss the national team match.
Zaha suffered an tendon injury and the Ivorian boss said his condition was a first- or second-degree tendon injury. If it is a second-degree injury, he will not be able to play Against Arsenal on Monday, but if he is injured in the first degree, he still has a chance to play.
Zaha has begun treatment for the injury, missing Tuesday's match between Côte d'Ivoire and England at Wembley.
Olissei withdrew from France U21 because of foot inflammation. There's no more news about his injury, which doesn't sound too serious, but there are doubts about whether he can play on Monday.
Crystal Palace are in good shape at the moment, losing just one game in the last two months, a 89th-minute win from Chelsea. Other results include a 0-0 draw with leaders Manchester City, a 2-0 win over Wolves competing for a European spot and a recent 4-0 win over Everton.
In the Premier League this season, Zaha and Olissy have made 24 and 22 appearances respectively, and their absence will have a certain impact on Crystal Palace. But either way, it's going to be a tough away game for Arsenal.