BPCE - 2018 Registration document

RISK REPORT Credit risk

Geographic breakdown of gross exposures 12/31/2018 ➡

Institutions

Central governments/Central banks and other sovereign exposures

Corporates

4%

Africa and the Middle East 2%

Africa and the Middle East 1%

Africa and the Middle East

Asia/Oceania 1%

4%

Asia/Oceania 7%

Asia/Oceania

North & South America 7%

North & South America 8%

10%

North & South America

France 47%

Europe (excl. France) 16%

France 67%

15%

France 68%

Europe (excl. France) 43%

Europe (excl. France)

12/31/2017 ➡

Institutions

Central governments/Central banks and other sovereign exposures

Corporates

Africa and the Middle East 1%

Asia/Oceania 1%

Africa and the Middle East 1%

Africa and the Middle East 4%

Asia/Oceania 6%

Asia/Oceania 4%

North & South America 7%

North & South America 9%

North & South America 9%

Europe (excl. France) 15%

France 68%

Europe (excl. France) 15%

Europe (excl. France) 46%

France 69%

France 45%

Gross exposures are very predominantly located in Europe, especially in France, for all asset classes (66% of corporates).

Concentration CONCENTRATION BY BORROWER ➡

6

12/31/2018

12/31/2017

Breakdown Gross amount/Total large risk exposures (1)

Breakdown Gross amount/Total large risk exposures (1)

Percentage of capital Gross amount/ Capital (2)

Percentage of capital Gross amount/ Capital (2)

Concentration by borrower

No. 1 borrower Top 10 borrowers Top 50 borrowers Top 100 borrowers

3.4%

7.1%

4.2%

8.6%

21.3% 54.8% 74.9%

44.2% 113.6% 155.5%

21.5% 55.7% 76.3%

43.9% 113.8% 155.9%

Total large risks excluding Groupe BPCE sovereign exposures (€159.6 bn at 12/31/2018). (1) Groupe BPCE regulatory capital (Corep CA4 row 11 at 12/31/2018): €76.8 bn. (2) The percentage of the Top 100 borrowers held relatively steady in 2018 and did not show any particular concentration.

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Registration document 2018