BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

IFRS CONSOLIDATED FINANCIAL STATEMENTS OF BPCE SA GROUP AS AT DECEMBER 31, 2019

Statutory method of consolidation (2)

Ownership interest

Company

Activity

Location (1)

CFG COMPTOIR FINANCIER DE GARANTIE

Guarantee company Real estate agent Financial company Credit institution Credit institution Real estate valuation Real estate operations Real estate operations Real estate operations Real estate development Real estate valuation Holding company

FR FR FR FR BE FR FR FR FR FR FR FR FR FR FR FR FR

100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

FC FC FC FC FC FC FC FC FC FC EQ FC FC FC FC EQ

COFIMAB

COMPAGNIE DE FINANCEMENT FONCIER

CRÉDIT FONCIER DE FRANCE

Crédit Foncier de France – Belgium branch

CRÉDIT FONCIER EXPERTISE CRÉDIT FONCIER IMMOBILIER FONCIER PARTICIPATIONS

FONCIÈRE D’ÉVREUX GRAMAT BALARD

MAISON FRANCE CONFORT PROU INVESTISSEMENTS

49%

SEREXIM

100% 100%

SOCIÉTÉ D’INVESTISSEMENT ET DE PARTICIPATION IMMOBILIÈRE (SIPARI)

Holding company

Banque Palatine group ARIES ASSURANCES BANQUE PALATINE CONSERVATEUR FINANCE

Insurance brokerage Credit institution Fund management Asset Management

100% 100%

20%

PALATINE ASSET MANAGEMENT FC Country of location: BE: Belgium – BR: Brazil – CH: Switzerland – CN: China – DE: Germany – DJ: Djibouti – DK: Denmark – ES: Spain – FJ: Fiji – FR: France – GB: United Kingdom (1) of Great Britain and Northern Ireland – HK: Hong Kong – IN: India – IT: Italy – KH: Cambodia – LA: Laos -LU: Luxembourg – MA: Morocco – MC: Principality of Monaco – MQ: Martinique – NC: New Caledonia – PF: French Polynesia – PL: Poland – PT: Portugal – RE: Reunion – SB: Solomon Islands – SG: Singapore – TH: Thailand – TN: Tunisia – UK: Ukraine – US: United States – VN: Vietnam – VU: Vanuatu. Consolidation method: FC EQ: Equity method, JO: Joint operations. (2) Natixis group comprises 347 fully-consolidated entities and 7 entities consolidated using the equity method. Its main subsidiaries are: Coface, Natixis Global Asset Management, (3) Natixis North America LLC, Natixis Private Equity. Entities treated under IFRS 5 at December 31, 2019. (4) Oney group comprises 26 fully-consolidated entities and 1 entity consolidated using the equity method. (5) 100%

5

13.5

NON-CONSOLIDATED COMPANIES

Non-consolidated companies include: significant interests that do not fall within the scope of • consolidation; and companies excluded from the scope of consolidation owing to • their non-material nature. The main significant interests that do not fall within the scope of consolidation, and details of the share of equity held either directly or indirectly by the Group, are as follows:

AT DECEMBER 31, 2019 ANC Regulation No. 2016-09 of December 2, 2016 requires companies that prepare their consolidated financial statements in accordance with international standards as adopted by the European Union to publish additional information relating to companies not included in their scope of consolidation as well as significant equity interests.

Amount of income (in millions of euros)

Amount of shareholders’ equity (1) (in millions of euros)

Share of equity held

Company

Location

Reason for non-consolidation

Holding not consolidated because the Group does not exercise control, joint control or significant influence (including tax optimization structures) Holding not consolidated because the Group does not exercise control, joint control or significant influence (including tax optimization structures)

CILOGER 2 OPCI

France

10.21%

73

1

SYSTEME TECHNOLOGIQUE ECHGE ET TRAIT

France 8 Amount of shareholders’ equity and income for the last fiscal year known at the balance sheet date and based on applicable accounting standards according to the country of (1) location. 15.04% 104

Information relating to companies excluded from the scope of consolidation owing to their non-material nature is available on the website of Groupe BPCE at the following address: https://groupebpce.com/en/investors/regulated-information.

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE