BPCE - 2020 Universal Registration Document

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PRESENTATION OF GROUPE BPCE

THE GROUP’S BUSINESS LINES

It also marks a turning point in the strengtheningof our ESG commitments, with the enhancement of the management processes of Vega Investment Managers, which also launched its second SRI fund, VEGA Transformation Responsable , in collaboration with the start-up Impak Finance, a leader in impact rating. At the end of 2020, Natixis Wealth Management managed Natixis Interépargne, the reference in employee savings and pension plans for Groupe BPCE,works with companiesof all sizes to help them set up and manage their employeesavings and pensionsas well as their employeeshareholdingto make them a performance driver. As a pioneer in innovationfor more than 50 years, its ability to adapt to a changing environment, with practices that are constantly in flux, allows it to offer full access to a whole range of employee savings and supplementary pension solutions:companysavingsplans and pensionsavingsplans in securities account format or, in partnership with Arial CNP Assurances, in insurance format. CORPORATE & INVESTMENT BANKING Corporate & Investment Banking serves corporates, institutional investors,financial sponsors,public sector entities and the Groupe BPCE networks. It advises them and offers a diversified range of capital markets, financing, trade finance and cash management solutions. Its objective is to develop a strategic dialog with each of its customers over the long-term and to maintain a close workingrelationshipwith them througha strong regional and international presence. It capitalizes on the technical expertise of its teams to design innovativesolutionstailoredto their strategy. Corporate& InvestmentBankingpostedNBI of €2.80 billionin 2020, down 16%. In 2020, Corporate & Investment Banking continued to implement the objectivesof the NewDimension strategicplan (2018-2020) targets aimed at achieving the followinggoals: to be recognizedas a bank that offers innovativesolutionsand to become a benchmark bank in its strategic sectors. Natixis has confirmed its role as a leading player in green and sustainable finance: the Natixis Green Weighting Factor , a new mechanism for • allocating the capital of each financing solution according to its impact on the climate, is now operational. It is applied to loans granted by Natixis all over the world and in all business sectors (excluding the financial sector). All “green” loans receive a discount of up to 50% in their weighted assets, while the weighting of loans generating a negative impact on the climate and the environment is increased by up to 24%. By adjusting the expected return €30.7 billion in assets. Employee Savings

The company bases its activities on the range of financial management solutions developed by Natixis Investment Managers, a specialist in active investment strategies for employee savings plans. In 2020, Natixis Interépargneconsolidated its position as the leading provider of employee savings and pensions solutions with 75,000corporatecustomers,nearly 3 millionsavers (1) and a 26.5% market share in employee savings (2) With 31.2% of the Finansol & CIES SRI market (3) , Natixis Interépargne cemented its leadership position in SRI (socially responsible investment) employee savings. (3) Natixis Interépargne is delivering long-term performance thanks to the quality and consistency of its range and the constant work of its management teams. In 2020 it was awarded first prize at the Corbeillesde l’ÉpargneSalariale (4) in the Long-Term Employee Savings category for the management quality of Natixis Investment Managers International and Mirova on the “Avenir” and “Impact SRI” fund ranges. The year 2020 also marked the development of the pension savings offer for corporate customers, with more than 6,000 collective pension savings plans subscribed (5) . on each loan depending on its impact on the environment and the climate, Natixis encourages its teams to favor green financing solutions (for an equivalent level of credit risk); in addition, the Green & Sustainable Hub, which assists • customers in their energy transition, significantly expanded its business in loans and investment solutions, while maintaining growth on the bond market. Capital Markets In November 2020, Corporate & Investment Banking announced that it would discontinue the most complex products and lowered the exposure limits for productswith a low and moderate risk profile. These productswill essentially be offered to Groupe BPCE networks and Natixis’ strategic customers, i.e. a reduction in the number of customers from over 400 to around 50. Income from the equity business is expected to be approximately €300 million per year with a reduction in the associated cost base. Strategic financing The three business lines, Real Assets (covering aviation, infrastructures, real estate & hospitality) and Distribution & Portfolio Management,are the hub of Natixis sector-oriented and originate-to-distribute (O2D) strategy. In 2020, they generated solid results, driven by robust origination and distribution business. The global infrastructureand real estate activities in Europe did especially well. In particular, Natixis was rankedNo. 1 bookrunnerand MLA (6) for credit financingin the EMEA region, for the third year in a row.

(1) Association Française de Gestion – 06/30/2020. (2) Association Française de Gestion – 06/30/2020. (3) Finansol & CIES. (4) Awarded each year by the monthly magazine Mieux Vivre Votre Argent, this award is widely recognized on the market for distinguishing the institutions whose funds have achieved the best performance over time. (5) At 11/30/2020. (6) Dealogic.

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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