BPCE_REGISTRATION_DOCUMENT_2017

4 2017 ACTIVITIES AND FINANCIAL INFORMATION Groupe BPCE financial data

2017: another banner year for lending activity The Caisse d’Epargnenetworkwas as committedas ever to its role in funding the economy and the regions, with robust growth in loan outstandings (+7.3%on 2016) to € 253.3 billion. Individual customer loan outstandings increased +8.0% on 2016 to € 147.1 billion, driven by an upturn in home loans (+8.3%, i.e. + € 10.0 billion), with activity boosted by low interest rates, resulting in another strong performance in outstandings in 2017 ( € 131.1 billion). Loans to professional,corporate and institutionalcustomers climbed +6.3% to € 106.3 billion, largely consisting of equipment loans (+5.5%to € 68.2 billion).

CAISSES D’EPARGNE The Caisses d’Epargne maintained dynamic business activity and remained highly involved in financing the French economy over the course of 2017 ( € 58.5 billion in loans granted).Their strategyis based on providing additional banking products and services to individual customersand gainingnew corporateand professionalcustomers.The number of principal active customers increased by +2.2%, active professionalcustomers by +5.7% and active corporate customers by +15.5% in2017. Growth of +5.6% in on-balance sheet deposits & savings (excluding centralized deposits & savings) Despite the highly competitivesavings market, the Caisses d’Epargne saw their on-balance sheet deposits and savings (excluding centralized savings) climb +5.6% ( i.e. + € 11.8 billion) on 2016 to € 223.5 billion. Growth in on-balance sheet deposits and savings was mainly led by demand deposits (+15.4%, i.e. + € 9.2 billion). Passbook savings account deposits picked up +2.0% to € 122.7 billion, with varying impacts depending on the market. The individual customers market posted net outflows of - € 1 billion in these vehicles (-1.0%) in 2017, versus net inflows of +3.3 billion for professional, corporate and institutional customers market (+19.5%). Amid record-low interest rates, some products continued to grow, especially home savings products, still favored by investors and recording +2.5% growth (+1.4 billion). Off-balancesheet deposits and savings rose +2.1% to € 134.1 billion, driven by growth in life insurance products in 2017 (+2.1%, i.e. + € 2.6 billion).

LOAN OUTSTANDINGS (IN BILLIONS OF EUROS) ➡

7.3%

253.3

236.0

31.1

28.7

68.2

64.6

154.0

142.7

Home loans Equipment loans Other

12/31/2016

12/31/2017

CUSTOMER DEPOSITS AND SAVINGS ➡ (IN BILLIONS OF EUROS)

3.2%

412.4

399.7

134.1

131.3

278.3

Off-balance sheet deposits & savings On-balance sheet deposits & savings (including centralized savings)

268.4

12/31/2016

12/31/2017

222

Registration document 2017