BPCE - 2019 Universal Registration Document

PRESENTATION OF GROUPE BPCE

GROUPE BPCE’S BUSINESS LINES

1.5.2

Natixis

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Natixis is a French international financial institution specializing in asset and wealth management, corporate and investment banking, insurance and payments. A subsidiary of Groupe BPCE, Natixis serves and advises its own customer base of corporates, financial institutions and institutional investors, as well as the customers of the Groupe BPCE networks.

Key figures Nearly 16,000 employees • Operating in 38 countries •

Listed on Euronext Paris CAC Next 20 • €9.2bn in net banking income, +6% • €8.4bn in business line net banking income, • +6% €1.37bn in net income attributable to equity • holders of the parent, +3% Underlying NBI and Net income (Group share). Change vs. 2018 has been restated for the disposal of the retail banking activities to BPCE SA. of some of their asset management operations in France. The goal is to create a major player in insurance strategies in Europe and in Euro fixed income strategies. In particular, Natixis implemented its Green Weighting • Factor , an innovative management tool to support its clients in their ecological transition, thereby becoming the first bank to actively manage the climate impact of its balance sheet. Ultimately, Natixis is aiming to align its financing solutions with the objectives of the Paris Agreement on climate change. Natixis is working towards its goal of becoming a • fully-fledged insurer via the INNOVE2020 project, which will see it cover all life and non-life insurance requirements of the Groupe BPCE networks starting in 2020.

IN 2019 Natixis continued rolling out New Dimension , its strategic • plan for 2018-2020 centered on three priorities: deepening the transformation of the business model successfully launched under the previous plan ( Deepen ), ramping up the digital transformation ( Digitalize ), and setting itself apart from the competition ( Differentiate ) to become a leading bank in the sectors and fields in which the Natixis teams have developed strong, widely recognized expertise. With a Basel III CET1 ratio of 11.3% at, December 31, 2019, Natixis boasts a solid balance sheet that it can draw on to achieve its development targets. During the talks initiated by Groupe BPCE and La Banque • Postale with the aim of broadening and expanding their business partnership, Natixis and La Banque Postale set out the guidelines and conditions of the proposed merger

BUSINESS LINE CONTRIBUTION TO 2019 INCOME BEFORE TAX

Payments 2 %

Insurance 15 %

Asset & Wealth Management 50 %

Corporate & Investment Banking 33 %

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE