BPCE - 2019 Universal Registration Document

7

LEGAL INFORMATION

STATUTORY AUDITORS’ SPECIAL REPORT ON RELATED-PARTY AGREEMENTS AND COMMITMENTS

CIB to Crédit Foncier de France was signed on February 19, 2007. On November 20, 2009, BPCE (taking over the rights of CNCE), Natixis (taking over the rights of IXIS CIB) and Crédit Foncier de France signed an amendment to the agreement specifying the obligations resulting from MiFID for derivatives activities and concerning the categorization of Natixis’ counterparties and the notification of their category. This agreement had no impact on BPCE’s 2019 financial statements. Amendment to the “PLS Package – PLI Package” agreement with Crédit Foncier de France Directors concerned on the applicable date: Alain Lemaire, a member of the Management Board of CNCE and a director of Crédit Foncier de France, Guy Cotret, a member of the Management Board of CNCE and a director of Crédit Foncier de France and Jean-Marc Carcéles, a member of the Supervisory Board of CNCE and a director of Crédit Foncier de France. On December 14, 2005, CNCE and Crédit Foncier de France entered into a PLS Package (state-sponsored rental accommodation loans) and PLI Package (intermediate rental loans) partnership agreement to implement a new regulated loan distribution strategy. After four years of trials, it became desirable to simplify the agreement in response to the evolution in the financial markets, given that it appeared possible to simplify the basis of remuneration of the loan distribution networks and recognize the additional funding in the balance sheet of Crédit Foncier de France. The agreement was thus amended as follows with effect from July 31, 2009: the scope of the loans in question was extended to PLSs, PLIs, PSLAs (social lease ownership loans) and

open-ended loans for new flows and similar transactions, as were the fee calculation rules. This agreement had no impact on BPCE’s 2019 financial statements. Financial intermediary agreement for Local Authorities and Institutions Directors concerned on the applicable date: Alain Lemaire, a member of the Management Board of CNCE and a director of Crédit Foncier de France, Guy Cotret, a member of the Management Board of CNCE and a director of Crédit Foncier de France and Jean-Marc Carcéles, a member of the Supervisory Board of CNCE and a director of Crédit Foncier de France. On June 19, 2008, CNCE, Crédit Foncier de France and Compagnie de Financement Foncier signed a financial intermediary agreement for local authorities and institutions which took effect on January 1, 2007. The main aim of this agreement was to define the terms of fees and commissions paid to the Caisses d’Epargne in their role as financial intermediaries for Groupe Crédit Foncier which holds the loans granted to local authorities and institutions on its balance sheet. Given the banking and financial context of the prevailing absence, with effect from September 2008, of market references for medium- and long-term bond issues, the parties met to assess the implications for fees and commissions. In order to restore an economic balance between the parties and in their mutual interest, it was agreed that an exceptional waiver would be granted uniquely for the primary fees and commissions for financial intermediaries on the new flows due for 2008. An amendment was signed in fiscal year 2011. This agreement was renewed in fiscal year 2016. This agreement had no impact on BPCE’s 2019 financial statements.

Paris La Défense and Neuilly-sur-Seine March 25, 2020

French original signed by The Statutory Auditors

Deloitte & Associés Sylvie Bourguignon

PricewaterhouseCoopers Audit Nicolas Montillot Emmanuel Benoist

Mazars Charles de Boisriou

678

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

www.groupebpce.com