BPCE - 2018 Registration document

ACTIVITIES AND FINANCIAL INFORMATION 2018 Investments

Investments 4.5

4.5.1

In 2018

At its meeting of September 12, 2018, the Supervisory Board of BPCE approved Natixis' plan to sell the Factoring, Sureties and Guarantees, Leasing, Consumer Finance and Securities Services business lines to BPCE for € 2.7 billion.

4.5.2

In 2017

BPCE made no material investments ( i.e. investments of more than € 1 billion requiring the approval of the qualified majority of the Supervisory Board) during fiscal year.

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4.5.3

In 2016

BPCE made no material investments ( i.e. investments of more than € 1 billion requiring the approval of the qualified majority of the Supervisory Board) during fiscal year.

Post-balance sheet events 4.6

BPCE SA group plans to purchase (1) a majority stake of 50.1% from Auchan Holding

incorporating Oney Bank's expertise, particularly in Payments. The employee representative bodies will be informed and consulted on this project. After the consultation, the parties may sign their

On February 12, 2019, Groupe BPCE announced that it was in partnership agreement. The transaction may not be closed until the exclusive talks with Auchan Holding to purchase its 50.1% stake in necessary approvals are obtained from the competent French and Oney Bank SA. The aim of the acquisition is to drive its European European authorities. The deal should have an estimated impact of expansion in digital retail banking and consumer finance under the less than 15 bp on the Group’s CET1 ratio. Oney brand, and to ramp up the Group's development by

Subject to the lifting of the conditions precedent and procurement of the necessary regulatory approvals (1)

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Registration document 2018