BPCE - 2019 Universal Registration Document

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PRESENTATION OF GROUPE BPCE

UNDERSTANDING THE STRUCTURE OF GROUPE BPCE

Understanding the structure of Groupe BPCE 1.2

Overview

The Banques Populaires and the Caisses d’Epargne are owned by 9 million cooperative shareholders. This highly stable shareholding structure is imbued with a strong cooperative spirit. BPCE SA group, the central institution of Groupe BPCE, is wholly-owned by the 14 Banque Populaire banks and 15 Caisses d’Epargne. It defines the policies and strategic objectives of the Group and coordinates the sales policies of each network.

The Banques Populaires and Caisses d’Epargne are banks in their own right. They collect deposits and savings, distribute loans and define their priorities. Important members of their regional economies sit on the Boards of Directors of the Banques Populaires and on the Steering and Supervisory Boards of the Caisses d’Epargne. Their resources are first and foremost allocated to meet the needs of local areas and regional customers.

9 MILLION COOPERATIVE SHAREHOLDERS

100%

100 %(1)

FNBP (2)

FNCE (3)

50% 50%

14 BANQUES

15

CAISSES D’EPARGNE

POPULAIRES

71 %(4)

BPCE

SUBSIDIARIES

NATIXIS

Banque Palatine, Subsidiaries grouped together within the Financial Solutions & Expertise division, Oney Bank

(1) Indirectly thought Local Saving Companies (2) Fédération Nationale des Banques Populaires (3) Fédération Nationale des Caisses d’Epargne (4) Float: 29%

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

www.groupebpce.com

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