BPCE_REGISTRATION_DOCUMENT_2017

Contents

1 PRESENTATION OF GROUPE BPCE 3 Presentation of Groupe BPCE 1.1 4 History 1.2 5 Organization of Groupe BPCE 1.3 7 Key figures 2017 1.4 10 Contacts 1.5 13 Calendar 1.6 13 TEC 2020 Strategic Plan 1.7 14 Groupe BPCE’s business lines 1.8 16 2 REPORT ON CORPORATE GOVERNANCE 31 Introduction 2.1 32 Corporate Governance Code 2.2 32 Management and Supervisory Bodies 2.3 34 Role and operating rules of governing bodies 2.4 75 Rules and principles governing the determination 2.5 of pay and benefits 86 Potential conflicts of interest 2.6 108 3 RISK REPORT 111 General structure of Groupe BPCE’S internal 3.1 control system 112 Summary of risks 3.2 117 Capital management and capital adequacy 3.3 130 Governance and risk management system 3.4 142 Credit risk 3.5 151 Counterparty risk 3.6 169 Securitization transactions 3.7 172 Market risks 3.8 177 Liquidity, interest rate and foreign exchange risks 3.9 183 Legal risks 3.10 190 Non-compliance risks, security and operational 3.11 risks 194 Climate risks 3.12 209 4 2017 ACTIVITIES AND FINANCIAL INFORMATION 211 Foreword 4.1 212 Significant events of 2017 4.2 213 Groupe BPCE financial data 4.3 216 BPCE SA group financial data 4.4 231 Investments 4.5 233 Post-balance sheet events 4.6 233 Outlook for Groupe BPCE 4.7 234

5 FINANCIAL REPORT

237

IFRS Consolidated Financial Statements 5.1 of Groupe BPCE as at December 31, 2017 Statutory auditors’ report on the consolidated 5.2 financial statements IFRS Consolidated Financial Statements 5.3 of BPCE SA group as at December 31, 2017 Statutory Auditors’ report on the consolidated 5.4 financial statements BPCE parent company financial statements 5.6 Statutory auditors’ report on the financial 5.7 statements Controls of accounting and financial reporting 5.8 quality Persons responsible for auditing the financial 5.9 statements 515 Sustainable development built on our cooperative 6.1 identity 516 A range of services to meet the challenges facing 6.2 our customers 530 Sustainable and responsible value creation 6.3 553 Responsible internal practices 6.4 564 CSR reporting methodology 6.5 582 Report by one of the Statutory Auditors, 6.6 238 350 358 450 458 466 BPCE management report 5.5 503 507 513

6 SOCIAL, ENVIRONMENTAL AND SOCIETAL INFORMATION

a designated independent third-party body, on the consolidated social, environmental and societal information contained in the management report

586

7 LEGAL INFORMATION

589

Memorandum and articles of association 7.1

590 592

Share capital 7.2

Ownership structure and distribution of voting 7.3 rights

595 597

Material contracts 7.4 Material changes 7.5

597 Statutory Auditors’ special report on related-party 7.6 agreements and commitments 598

8 STATEMENT BY THE PERSON RESPONSIBLE

609

Statement by the person responsible for the 8.1

registration document and for the annual financial report

610

9 ADDITIONAL INFORMATION Documents on display 9.1

611

612

Cross-reference table 9.2

for the registration document

613

Cross-reference table for the annual financial 9.3 report and the management report Cross-reference table of the main social, 9.4 environmental and societal information

615

617 618

Glossary 9.5

This label recognizes the most transparent Registration Documents according to the criteria of the Annual Transparency Ranking.

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