BPCE - 2020 Universal Registration Document

5

FINANCIAL REPORT

Groupe BPCE and BPCE SA group scopes of consolidation

The scope of consolidationof both groups, organized around the central institution, is presented in the diagram below. In addition to BPCE SA group, Groupe BPCE includes the Banques Populaires, the Caisses d’Epargne and their respective subsidiaries.

BPCE SA group comprises BPCE and its subsidiaries. The main difference in terms of consolidation perimeter stems from the contributions of the parent companies, which do not contribute to BPCE SA group’s net income.

COOPERATIVE SHAREHOLDERS

COOPERATIVE SHAREHOLDERS

LOCAL SAVINGS COMPANIES

BANQUES POPULAIRES AND SUBSIDIARIES

CAISSES D’EPARGNE AND SUBSIDIARIES

GROUPE BPCE

BPCE INDIVIDUAL ANNUAL FINANCIAL STATEMENTS

BPCE SA

BPCE SA GROUP

SUBSIDIARIES

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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