BPCE - 2019 Universal Registration Document

NON-FINANCIAL PERFORMANCE REPORT

SUPPORTING THE ENERGY, ECOLOGICAL AND SOCIAL TRANSITION IN LOCAL REGIONS

At the end of 2019, the EIB granted Groupe BPCE a new facility to finance renewable energy, including biogas. This credit line, named “BPCE Action pour le Climat ”, will finance projects up to €15 million for business customers, semi-public organizations and local authorities. The Banques Populaires have a structure in place to arrange financing for the sponsors of projects involving mature energy sources – solar and wind power – as well as biogas. This expertise has given the Banque Populaire network a solid reputation in this sector. It was chosen by the EIB to distribute European aid for renewable energy overall (climate action lending policy), biogas (portfolio of projects) and energy efficiency (the Private Finance for Energy Efficiency, or PF4E, instrument). Crédit Coopératif is a longstanding provider of financing for renewable energy projects across France. It is mainly active in the solar and photovoltaic segments, as well as hydroelectricity production, and has more recently extended its expertise to biogas and heating networks.

Financial Solutions & Expertise 14 %

CFF 6 %

Banque Palatine 3 %

CE network 26 %

Exposures € 9.8 bn

Natixis 35 %

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BP network 15 %

In August 2018, the EIB granted Groupe BPCE a €110 million credit facility to finance public and private sector renewable energy projects. The credit facility is intended to finance small-scale projects of less than €10 million. To date, €65.7 million of the credit line has been drawn (61%).

CRÉDIT COOPÉRATIF FLAGSHIP ACHIEVEMENTS IN 2019 Crédit Coopératif financed the installation of electric thermal energy batteries for combined heat and power systems operated by COMAX. The batteries will store green electricity produced by these power systems and release it as required so as to better manage production and ensure stable frequency across the grid. Crédit Coopératif structured and financed €2.1 million in senior debt and a €3.4 million short-term credit line for the construction of a 12 MW thermal solar power plant on the Malteries Franco-Suisses site in Issoudun (in the Indre department) – the world’s fourth largest malt producer and a subsidiary of the Axéréal cooperative group. The plant’s solar collectors will cover around 15,000 m 2 , making it the world’s third biggest thermal solar power plant supplying an industrial site. I will supply around 8.7 GWh of heat per year (approximately one-tenth of the site’s consumption), which will also be available at night thanks to a storage tank. The renewable source of heat will reduce the site’s natural gas consumption and cut its CO 2 emissions by around 2,200 metric tons per year – the equivalent of removing 1,100 new vehicles from the roads.

In 2019, it arranged financing for 23 deals representing a total of €350 million. Some of the projects are located in France and will add total installed capacity of 185 MW in the wind and solar power segments.

BPCE Energéco is a leading player in financing the energy transition. For over 15 years, BPCE Energéco has financed more than 3.5 GW in electricity and heat production from renewable sources.

BPCE ENERGÉCO FLAGSHIP ACHIEVEMENT IN 2019 BPCE Energéco and Banque Populaire Grand Ouest provided a financing solution for a regional project in Anjou. A group of citizens and a semi-public entity purchased the Hydrôme wind farm, which will supply 12,000 people with electricity from a renewable source.

15 PV and concentrated solar power projects with a capacity • of 3,712 MW; 2 hydroelectric facilities with a capacity of 193 MW. • Renewable energy accounted for more than 90% of total financing granted by Corporate & Investment Banking in the electricity production sector in 2019.

In 2019, Natixis’ Corporate & Investment Banking infrastructure financing teams arranged 25 (1) new deals totaling €2.1 billion, representing installed capacity of 7,832 MW, including: 8 onshore wind farms with a total capacity of 2,429 MW; • 3 offshore wind farms with a total capacity of 1,498 MW; •

(1) One of these projects include solar and wind power and one of the projects include solar, wing and hydralic power.

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE