BPCE_PILLAR_III_2017

CAPITAL MANAGEMENT AND CAPITAL ADEQUACY Detailed quantitative disclosures

TABLE 14 – ISSUES OF DEEPLY SUBORDINATED NOTES AT DECEMBER 31, 2017 ➡ Capital instrumentsissued by BPCE, whose outstandingstotaled

€ 744 million at December 31, 2017, are recordedunder shareholders’equity in

€ 456 million at

the financial statements.Capital instrumentsissued by Natixis and subscribedfor by third parties, whose outstandingstotaled December31, 2017,are recorded under non-controlling interests inthe financialstatements. Instruments inthe process of beingredeemedare no longer recognized inequityonce the transactionhas been validated by the regulator.

3

Outstandings in original currency in millions

Net prudential outstandings in millions of euros

Net outstandings in millions of euros (1)

Issuer

Issue date 1/25/2005 3/28/2008 4/30/2008 8/6/2009 8/6/2009

Currency

NATIXIS NATIXIS NATIXIS

EUR EUR USD EUR USD

156 150 186 374 444

152 150 155 374 369

76 75 77

BPCE BPCE

187 185 600

TOTAL

1,200

Nominalamounttranslatedinto eurosat the exchangerate in forceat the closingdate. (1)

A detailedbreakdown of debtinstruments recognized as AT1capital,as requiredby Commission Implementing regulationNo.

1423/2013, is publishedat the

following address:bpce.fr/en/Investors/Regulated-information/Regulatory-publication

TABLE 15 – TIER 2 CAPITAL ➡

12/31/2017 Basel III phased-in

12/31/2016 Basel III phased-in

in millionsof euros

Eligible Tier 2 capital instruments

15,132

16,430

Own Tier 2 instruments

(75)

(302)

43

51

Ineligible Tier 2 capital instrumentsubject tograndfathering clause *

Holdingsof T2 instruments offinancial sectorentitieswhere the group hasan investment above the 10% threshold

(1,245)

(1,332)

Phase-inmeasures applicable toTier 2 capital Provisions in excess ofexpected losses

160 542

254 592

TIER 2CAPITAL

14,557

15,693

Amountafter the applicationof phase-inmeasures,i.e. 50%of perpetualsubordinatednotesoutstandingat 12/31/2017and 60%at 12/31/2016. *

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Risk Report Pillar III 2017

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