BPCE - 2020 Universal Registration Document

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PRESENTATION OF GROUPE BPCE

THE GROUP’S BUSINESS LINES

CORPORATE CUSTOMERS With more than 31,000 SME and ISE customers, the Caisses d’Epargne continued to support the development of companies in 2020 amid boosted investments and robust lending momentum. Several ranges were launched, such as the Fiducie or “Trust” solutions to support customers in their investment or debt reprofiling needs, or to advise them in their IPO (initial public offering) strategy through a partnership with Natixis Equity Capital Market. Other offers for companies underwent profound changes, such as the collectiveretirementsavingsplan under the Pacte act. It now includesa collectiveemployeesavings component and a category option with mandatory company payments. FINANCIAL ENGINEERING The Caisses d’Epargne offer a full range of financial engineering solutions: private equity, consulting on disposals-business transmissions, and structured financing (arrangement, syndication and management of financing solutions). Investing in the share capital of companiesin their region is a pillar of strategicdevelopmentfor the Caissesd’Epargne,with 17 regional entities and a national venture capital firm, Caisse d’Epargne Développement, which has grown from €100 to €160 million euros; and the creation of Rebond (“Rebound”) regional funds, as at Caisse d’Epargne Hauts de France (€51 million Regains 340 fund), Caisse d’Epargne Normandie (€30 million Normandie Rebond fund), and Caisse d’Epargne Aquitaine Poitou-Charentes (€20 million Rebondir Nouvelle Aquitaine fund). Total assets invested by the Caisses d’Epargne at the end of 2020 amounted to €1.3 billion. The Caisses d’Epargne continued to develop partnerships signed at the end of 2018 with consulting firms in order to better support managers in their fundraising and merger & acquisition issues. The first closings were completed in 2020. REAL ESTATE PROFESSIONALS In 2020, the Caisses d’Epargne consolidated their position among the top players in the real estate professionals market. The Caisses d’Epargne had €6.5 billion in new loans and signed commitments.New loans granted to developers, real estate agents, and planners amounted to €488 million, and those intended for MLT investors, €1 billion. €1 billion in signed commitments were issued.

The Neo Business system, dedicated to the support and financingof start-ups,continuedits developmentin 2020, with €405 million in loan outstandings(medium/short-term)granted by investmentmanagers specializing in innovation and equity issues. Numerousstart-ups from the Next 40 and the French Tech 120 are supportedby the Caisses d’Epargnethroughout the country. Start-ups have access to a specific innovation range: support with fundraising, financing of tangible and intangible investments, solutions for operations and international presence, and IPO expertise. 31,160 corporate customers €12bn in medium/long-term commitments (including State-guaranteed loans) €136.4bn in payment processing flows, +3% The Caisses d’Epargne cover the various segments of the structured financing market: syndicated corporate loans, LBOs/acquisition financing, project financing (renewable energy, infrastructure,etc.), and asset financing (rolling stock, long-term real estate, etc.). With a total of €4.2 billion in arranged debt (including 34% in renewable energy and infrastructure,and 66% in structuredor syndicated financing, including LBOs) and more than 248 arrangement mandates, the Caissesd’Epargneare a key player in structuredfinance in the regions. For the syndicationof transactionswithin Groupe BPCE,they are addresseddirectly to the other Caisses d’Epargneand the Banques Populaires. They also rely on a dedicated platform specific to the Caisses d’Epargne ( GIE Syndication Risque ), which has continued to grow, with counter-guaranteedloans doubling in two years. In terms of external syndication, they are in contact with the best names in the banking market.

The year was marked by the launch of the Caisse d’Epargne Impact Loan , which measures the social or environmental commitment of real estate and social housing customers by indexing the interest rate of the loan to a non-financial performance criterion. The bonus received can be paid to a non-profit organization.

€4.6bn in new short-term commitments €1.8bn in new medium/long-term loans

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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