BPCE - 2018 Risk report / Pillar III

CAPITAL MANAGEMENT AND CAPITAL ADEQUACY Detailed quantitative disclosures

December 31, 2018

Regulatory method of consolidation

3

Neither conso- lidated nor deducted

Statutory method of conso- lidation  (2)

Propor- tionate conso- lidation

Owner- ship interest

Control- ling interest

Full conso- lidation

Equity me- thod

Loca- tion  (1)

Dedu- cted

Business

Company

Fund management Asset management

CONSERVATEUR FINANCE

FR 20% 20% EQ

X

PALATINEASSETMANAGEMENT III-4 – CE Holding Participations subsidiaries

FR 100% 100% FC

X

Holding company Holding company

CE HOLDING PARTICIPATIONS

FR 100% 100% FC

X

HABITATEN RÉGIONSERVICES

FR 100% 100% FC

X

Semi-public company Semi-public company

SACOGIVA

FR 45% 45% EQ

X

SOGIMA

FR 56% 56% EQ

X

III-5 Local savingscompanies

Cooperative shareholder

226 local savings companies (LSCs)

FR 100% 100% FC

X

Comments Countryof location:

(1) BE: Belgium– BR: Brazil – CG: Congo – CH: Switzerland– CM: Cameroon– CN: China – DE: Germany– Dj: Djibouti – ES: Spain – FJ: Fiji – FR: France – HU: Hungary– IN: India – IT: Italy – JP: Japan – KH: Cambodia– LA Laos – LU: Luxembourg– MA: Morocco – MC: Principalityof Monaco – MG: Madagascar– MQ: Martinique– MM: Myanmar– MU: Mauritius– NC: New Caledonia – NL:Netherlands– PF: FrenchPolynesia– PL:Poland– PT:Portugal– RE:Reunion– SG:Singapore– TH:Thailand– TN:Tunisia– US:UnitedStates– VN:Vietnam– VU:Vanuatu. Consolidationmethod (2) FC Full consolidation

EQ Equitymethod JO Jointoperations Natixisgroup:

(3) The Natixisgroupcomprises354 fully-consolidatedentitiesand 7 entitiesconsolidatedusing the equitymethod.Its mainsubsidiariesare: Coface,Natixis InvestmentManagers,NatixisNorthAmerica LLC,NatixisPrivateEquityand CompagnieEuropéennede Garantieset Cautions.

The followingfour entitiesare fully consolidatedin Natixis group’sstatutoryscope of consolidation,and consolidatedusing the equitymethodin its regulatory scope of consolidation: Natixis Assurancesgroup; ● Coface group; ● Compagnie Européenne de Garanties et Cautions; ● Nexgen Reinsurance Ltd. ●

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Risk Report Pillar III 2018