BPCE - 2018 Risk report / Pillar III

3 CAPITAL MANAGEMENT AND CAPITAL ADEQUACY Detailed quantitative disclosures

12/31/2018

12/31/2017

Phased-in amount

Phase-in measures

Phased-in amount

Phase-in measures

in millions of euros

o/w significant investments in the capital ofother financialsectorentities - Residual amounts deducted from Additional Tier 1 capital with regard to deduction from Tier 2 capital duringthe transitionalperiodpursuant to Article 475 of Regulation (EU) No. 575/2013 o/w non-significant investments in the capital ofother financialsector - entities o/w significant investments in the capital ofother financialsectorentities - Amount tobe deducted from or added to AdditionalTier 1 capitalwith regardto additionalfilters and deductionsrequired pre-CRR Qualifying T2deductions thatexceedthe T2 capital ofthe institution (negativeamount) TOTALREGULATORYADJUSTMENTSTO ADDITIONALTIER 1(AT1) CAPITAL o/w own capital instruments -

41b

- -

(131)

(8)

-

(122)

41c

-

0

42

-

0

43 44 45

(22) 344

(153)

AdditionalTier 1 (AT1)capital Tier 1 capital (T1= CET1+ AT1)

448

62,522

59,490

Tier 2 (T2)capital: instruments and provisions 46

Capital instruments and the relatedsharepremium accounts

15,088

15,132

Amount ofqualifyingitems referredto in Article 484 (5)and therelatedshare premium accounts subjecto phaseout fromT2 Public sectorcapital injectionsgrandfathered untilJanuary 1,2018 Qualifying own funds instruments included in consolidated T2 capital (includingminority interestsand AT1 instruments not included in rows 5or 34) issuedby subsidiaries and heldby third parties

47

25

42

-

0

48 49 50 51

-

0

o/w instruments issuedby subsidiariessubjectto phaseout -

Credit riskadjustments

567

542

Tier 2 (T2)capitalbefore regulatory adjustments

15,680

15,717

Tier 2 (T2)capital: regulatory adjustments

Direct and indirect holdingsby an institution ofown T2 instrumentsand subordinated loans (negativeamount) Holdingsof the T2 instrumentsand subordinated loans ofinancialsector entities wherethoseentitieshave reciprocalcross holdingswith the institution designedto inflate artificiallythe own funds of the institution (negativeamount) Direct and indirect holdingsof the T2 instrumentsand subordinated loans of financial sectorentities wherethe institution does not have a significant investment in those entities (amount above10% thresholdand netof eligible short positions) (negativeamount) o/w new holdings not subject totransitionalarrangements - o/w holdingsexistingbeforeJanuary 1,2013 and subjectto transitional - arrangements Directand indirectholdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institutionhasa significant investment in those entities (net of eligible short p si ions) (negativeamount) Regulatory adjustmentsappliedto Tier 2 in respectof amounts subjectto pre-CRR treatmentand transitional treatmentssubjectto phase out as prescribed in Regulation(EU) No. 575/2013 (i.e. CRR residual amounts) Residual amounts deducted from Tier 2 capital with regard to deduction from CommonEquityTier 1 capitalduring thetransitionalperiodpursuantto Article 472 of Regulation (EU) No. 575/2013 o/w own capital instruments - o/w non-significant investments in the capital ofother financialsector - entities o/w significant investments in the capital ofother financialsectorentities - Residual amounts deducted from Tier 2 capital with regard to deduction from CommonEquityTier 1 capitalduring thetransitionalperiodpursuantto Article 475 of Regulation (EU) No. 575/2013

52

(75)

(75)

53

-

0

54

-

0

54a

54b

55

(1,244)

(1,244)

(1,083)

(1,245)

56

-

0

56a

-

0

56b

-

(2)

o/w own capital instruments -

56

Risk Report Pillar III 2018