BPCE - 2019 RISK REPORT Pillar III

Communication policy and structure of the Pillar III report

This report provides information on Groupe BPCE’s risks and access to the activity of credit institutions and the prudential thus complies with Regulation No. 575/2013 on prudential supervision of credit institutions and investment firms (Capital requirements for credit institutions and investment firms (Capital Requirements Directive IV – CRD IV). Requirements Regulation – CRR) and directive No. 2013/36 on

Improvement of transparency

In order to improve the transparency of information published each year in its Pillar III report and meet the needs of investors and analysts, Groupe BPCE is fully committed to the Financial Stability Board initiatives aimed at improving financial disclosures (Enhanced Disclosure Task Force – EDTF). A cross-reference table between EDTF recommendations and published information is presented on page 229. In January 2015, the Basel Committee published phase one of the overhaul of Pillar III disclosures on credit, counterparty and market risks, and securitization transactions. In December 2016, the European Banking Authority in turn published its

recommendations, adapting the proposals of the Basel Committee to the prudential requirements in Part Eight of the CRR, “Disclosure by institutions”. In March 2017, the Basel Committee completed the review of Pillar III disclosures, consolidating current and future requirements. The regulators aim to fully standardize disclosures to investors in the interest of facilitating the comparison of risk profiles, by introducing detailed tables, the majority of which will follow mandatory

templates.

Groupe BPCE draws on EBA guidelines for the publication of its Pillar III report.

Governance

The policy governing the publication of Pillar III information, drawing on recommendations by the European Banking Authority, was approved by the Supervisory Board on December 14, 2016.

Structure of the Pillar III report

The Pillar III report is divided into 14 sections: section 1 presents the key figures, different types of risk and • regulatory environment; section 2 addresses risk factors; • section 3 explains the overall structure of Groupe BPCE’s • internal control system; section 4 covers capital management and capital adequacy; •

subsequent sections provide detailed disclosures on Groupe • BPCE’s main risks. Each section describes risk management and organizational principles, provides an overview of key disclosures and sets out detailed quantitative information in a separate sub-section.

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RISK REPORT PILLAR III 2019 | GROUPE BPCE

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