BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

IFRS CONSOLIDATED FINANCIAL STATEMENTS OF BPCE SA GROUP AS AT DECEMBER 31, 2020

LONG-TERM CASH-SETTLED PAYMENT PLANS INDEXED TO NATIXIS SHARES Payments under these plans are subject to presence and performance criteria.

Fair value of indexed cash unit at valuation date (in euros)

Number of units vested by beneficiaries

Number of units granted at inception (1)

Year of plan

Grant date

Vesting date March 2018 March 2019 March 2019 March 2020 March 2020 March 2021 March 2021 March 2022 March 2022 March 2023 March 2023 March 2024

1,081,907 1,787,527 868,417 2,124,062 1,154,437

2015 plan

02/10/2016

6,084,435

6.11

2016 plan

04/10/2017

2,835,311

5.47

2017 plan

04/13/2018

2,660,487

2.79

2018 plan

04/12/2019

3,260,945

2.68

2019 plan

04/10/2020

5,867,435

2.50

2020 plan

01/20/2021

1,353,434

2.73

The expected number of units at the vesting date is funded by equity swaps. (1)

SHORT-TERM CASH-SETTLED PAYMENT PLAN INDEXED TO NATIXIS SHARES

Number of probable indexed

Fair value of indexed cash unit at valuation date (in euros)

Number of indexed cash units granted at inception

Value of indexed cash unit (in euros)

cash units at vesting date

Year of plan

Grant date 1/20/2021

Vesting date

2020 plan

3/1/2021

3.17

3,504,747

3,504,747

3.17

The expense associated with the short-term plan is fully recognized in the 2020 financial statements in the amount of €11 million, versus €28 million at December 31, 2019.

5

SHARE-BASED PAYMENT PLANS Payments under these plans are subject to presence and performance criteria.

Fair value of bonus share at valuation date (in euros)

Number of shares granted at inception

Number of units vested by beneficiaries

Bonus share price on the grant date (in euros)

Year of plan

Grant date 2/18/2015

Vesting date

2014 plan

95,144

February 2019 March 2018 March 2019

6.18

3.45

2015 plan 2016 plan

7/28/2016 7/28/2016

3,081,642

3.43 3.43

2.80 1.62

151,283

July 2020

March 2019 March 2020

2016 plan 2017 plan

04/10/2017 5/23/2017

3,012,307

5.70 6.44

4.28 3.32

79,369

May 2021

March 2020 March 2021 March 2021 March 2022 March 2022 March 2023 March 2023 March 2024

2017 plan

4/13/2018

2,943,516

6.65

5.04

2018 plan

4/12/2019

2,600,406

4.99

3.41

2019 plan

4/10/2020

3,598,382

2.24

1.35

2020 plan

1/20/2021

1,562,732

2.79

2.40

467

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE