GROUPAMA / 2018 Registration document

CORPORATE SOCIAL RESPONSIBILITY (CSR) GROUPAMA’S 2018 EXTRA-FINANCIAL PERFORMANCE REVIEW

BETTER PREVENTIONANDCOMPENSATIONIN THE FACE OF CLIMATECHANGE multi-risk climate insurance for crops allows farmers to protect ❯ their crops. 2018 was comparable to 2017, with €187 million in compensation paid. For 10 years, this cover, jointly constructed with farmers by Groupama,has made it possibleto test out this type of protection for 10 years. Since 2015, the Grouphas marketeda new form of this offer – whichthe Grouphelpedto defineat the nationallevel – in the formof a basepolicyagainstsetbacksand options,with the objective of offering to a maximum number of farmers the possibility of covering their operational expenses at a limited financialcost. To expand the cover to all production,a policy for Prairieswas createdin 2016. Groupamais activelyinvolvedin the effort to educate and encourage farmers to sign up for these options, which still have too few subscribers.It will be a pillar in the fieldof risk management tools of PAC 2020; Groupamahas partneredwith Exo Expert and Airinov to support ❯ the development of drones, in the protection of risk and the deploymentof new services to farmers. The developed services will enableGroupamato optimisethe performanceand quality of insurance benefits, such as close monitoring of the situation of crops, damage suffered, or the effective identification of areas affectedby a climate event; the preventionand alert servicesof Predict,a subsidiaryof Météo ❯ France, are now accessible to all customersof the Group. The Groupama-Predict mobile app allows customers to receive messages about key information to anticipate and manage a weather hazard; the concept of environmental damage was introduced in the ❯ French Criminal Code in 2016, and Groupama will prepare its customers and members, including farmers, for this new responsibility, which will be incorporated into environmental liability. Groupama organised climate risk conferences in 2018: conferencesfor the general public, during the General Meetings or presented by journalist Louis Bodin for example, or technician conferences, such as the convention for the Group’s climate experts, to discuss thelatest innovations(15/02/2018). Responsibleasset management– especiallyin the considerationof climate change limitation goals – is addressed in the report under Art. 173, published for the second time in June 2018, available at groupama.com.The data will be as of 31 December2017 (1) . This report provides a measure of the carbon footprint of our portfolios. It aims to identify the most contributing sectors.

At the same time as the COP 24, the Group reaffirmed its desire in December 2018to support the ecological and energy transition to a less carbon-basedeconomy. As a mutual insurer and responsible investor, Groupama makes climate change one of thepillars of its everydaycommitment. The Group no longer invests in and is gradually withdrawing from any company whose revenue or energy production mix is more than 30% based on coal. With regard to fossil fuels, the Group is committed to not investing in any company whose oil sands account for more than15% of total reserves. In addition, the Group intends to invest €1 billion over three years in financing theenergy transition. Protection ofbiodiversity (d) In 2018, Groupama Immobilier signed the charter for the Development of Biodiversity in the City, thereby committing to consider biodiversity issues upstream of projects and drive performance on this target and on global certifications, communicate on the implemented actions, and raise awareness among citizens. The Group is one of the leading private owners of forests and the number 2 insurer of forests in France. These forest assets, measuring 21,000 hectares, represent one of France’s largest “green belts”. All forests managed by Groupama Immobilier (29 forest areas) are PEFC-certified(certificationguaranteeingsustainablemanagement of wood resources in forests). This certification defines strict rules for operating and work sites within the framework of sustainable forest management.In particular, these rules aim to exploit forests while respectingthe soil, water,fauna, and flora. Groupama is a pioneer in assessing forest carbon storage. In 2015, a study conducted on behalf of Société Forestière Groupamademonstratedfor the first time that the forests played a carbon sink role. They contributedto the reduction of France’s net CO 2 emissions (see data below). These carbon amounts have been stored in SFG’s forests or have been avoided through the use of wood products from its forests. This study is updated annually. Two forest acquisitions were completed in 2018 (in Aude and at the end of the year in Lot-et-Garonne).

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Data at 31 December2018 available in the June 2019 report. (1)

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REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES