BPCE - 2018 Registration document

1 PRESENTATION OF GROUPE BPCE Groupe BPCE’s business lines

Investment Banking Natixis further enhanced its strategic dialog with clients by delivering the best possible combination of solutions to meet their financing needs. It financed a number of major deals, assisting in particular Groupe Rocher with the acquisition of the US firm Arbonne International. Business was very strong in the four strategic sectors where Natixis offers a range of expertise to its clients, combining investment banking and M&A advisory solutions. Deals carried out in 2018 included serving as an advisor and arranger for investment fund Cinven on the disposal of Ufinet fiber optics networks in Spain and Latin America, and Energean Israel on Capital Markets Natixis expanded its growth on the capital markets by developing a range of innovative bespoke solutions, such as OAT 2039 Green Repack, the first green structured note on the market, or Magenta Climat et Transition Energétique, a vehicle for investing in pro-climate stocks. The equity research and brokerage teams were transferred to ODDO BHF to establish the No. 1 broker in France (1) . The move was part of Trade Finance Natixis stepped up its efforts to digitize the Cash Management and Trade Finance business lines with “my tracked transfer”, a new international transfer tracking service, and we.trade, an open-account trade finance platform for corporates. INSURANCE Natixis Assurances designs and manages a comprehensive range of personal insurance products (life insurance, savings, transmission of assets, pensions, death benefits, dependency insurance, payment protection insurance) and non-life insurance products (automotive, multi-risk home, supplementary health insurance, personal accident insurance, multimedia device insurance, legal protection, non-banking insurance, remote surveillance, professional insurance) for the Groupe BPCE networks and their customers. Its ambition is to consolidate its position as a top-tier insurer in France by setting itself apart from the competition through a

the development of the Karish offshore gas field in the Mediterranean. Natixis also maintained its commitment to promoting the energy transition by financing several renewable infrastructures, such as the Cerro Dominador solar farm in Chile, the first solar power plant in Latin America to combine photovoltaic energy and solar concentrating power. In the Real Estate and Hospitality sector, the loan granted to fund the development of the Duo towers in Paris was awarded Europe’s first green certification for a commercial real estate loan (“Climate Bond Certified” by the Climate Bonds Initiative”). the long-term partnership between Natixis and ODDO BHF, in the interest of ensuring continuity of equity research and brokerage services to Natixis and Groupe BPCE clients. No. 4 in Fixed Income research and No. 1 in Credit research in seven categories: Consumer Products & Retail, Corporate Hybrid Bonds, Covered Bonds & Pfandbriefe, Green Bonds/ESG, Credit Strategy, Supranational & Agencies, and Securitization & ABS (2)

In commodities financing, Natixis teamed up with 14 banks and industry players to establish a new fintech, Komgo, a blockchain platform designed to facilitate the exchange of trade data and documents between commodity houses and banks.

high-quality customer experience and operational excellence. To that end, insurance platforms serving both the Banque Populaire and Caisse d’Epargne networks (one for personal insurance, the other for non-life insurance) will be up and running by 2020. Its strategy is paying off in today’s evolving bancassurance landscape: Natixis Assurances has made the most progress on the French domestic market and now ranks in the Top 10 insurers and Top 5 bancassureurs.

Extel 2018 (1) Euromoney Fixed Income Survey 2018 (2)

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Registration document 2018