GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

List of entities in the scope of consolidation and major changes Note 51 to the scope of consolidation

The main changes in the scope of consolidation are asfollows: Newly consolidated entities; ● Express Life; ● Groupama Gan Reim; ●

Name changes: ● SigortaEmeklilik becameGroupama Hayat; ● OPCVMGroupamaEonia IC C became GroupamaMonétaire ● IC C. Disposals and removals from the scopeof consolidation: ● GUK Broking Serviceswas liquidated; ● Two mutual funds were removed from the scope of ● consolidation. Changes in consolidationmethod: ● The Groupama Monétaire IC C mutual fund is fully ● consolidated (equity method in 2018).

Groupama EnergiesRenouvelables; ● OPPCI GroupamaGan Logistics; ● A newly consolidatedmutual fund. ● Mergers and acquisitions: ●

SCI Window La Défense was taken over by Groupama Gan ● Paris La Défense Office, which was itself taken over by CompagnieFoncièreParisienne.

31.12.2019

31.12.2018

Location of head office

Company name

Businesssector

% control % interest

Method % control % interest

Method

Holding/ Reinsurance France 100.00 100.00

Parent company 100.00 100.00

Parent company

GROUPAMAASSURANCESMUTUELLES

GIE GROUPAMASupportset Services

EIG France 99.99 99.99

FC 99.99 99.99

FC

GROUPAMACAMPUS

Property France 100.00 100.00

FC 100.00 100.00

FC

GROUPAMAHOLDINGFILIALESET PARTICIPATIONS

Holding France 100.00 100.00

FC 100.00 100.00

FC

COFINTEX 2

Holding France 100.00 100.00

FC 100.00 100.00

FC

COFINTEX17

Holding France 100.00 100.00

FC 100.00 100.00

FC

COMPAGNIEFINANCIERED’ORANGEBANK

Holding France 35.00 35.00

EM 35.00 35.00

EM

GROUPAMAGAN VIE

Insurance France 100.00 100.00

FC 100.00 100.00

FC

GAN PATRIMOINE

Insurance France 100.00 100.00

FC 100.00 100.00

FC

CAISSEFRATERNELLED’ÉPARGNE

Insurance France 99.99 99.99

FC 99.99 99.99

FC

CAISSEFRATERNELLE VIE

Insurance France 99.99 99.99

FC 99.99 99.99

FC

ASSU-VIE

Insurance France 50.00 50.00

FC 50.00 50.00

FC

GAN PRÉVOYANCE

Insurance France 100.00 100.00

FC 100.00 100.00

FC

GROUPAMAASSURANCE-CRÉDIT& CAUTION Insurance France 100.00 100.00

FC 100.00 100.00

FC

MUTUAIDEASSISTANCE

Assistance France 100.00 100.00

FC 100.00 100.00

FC

GAN ASSURANCES

Insurance France 100.00 100.00

FC 100.00 100.00

FC

GAN OUTRE-MER

Insurance France 100.00 100.00

FC 100.00 100.00

FC

SOCIÉTÉFRANÇAISEDE PROTECTIONJURIDIQUE Insurance France 100.00 100.00

FC 100.00 100.00

FC

LA BANQUEPOSTALEASSURANCESIARD

Insurance France 35.00 35.00

EM 35.00 35.00

EM

AMALINEASSURANCES

Insurance France 100.00 100.00

FC 100.00 100.00

FC

GROUPAMASIGORTA

Insurance Turkey 99.52 99.52

FC 99.52 99.52

FC

GROUPAMAHAYAT

Insurance Turkey 100.00 99.79

FC 100.00 99.79

FC

GROUPAMAInvestmentBOSPHORUS

Holding Turkey 100.00 100.00

FC 100.00 100.00

FC

STAR

Insurance Tunisia 35.00 35.00

EM 35.00 35.00

EM

GROUPAMAZASTRAHOVANENON LIFE

Insurance Bulgaria 100.00 100.00

FC 100.00 100.00

FC

GROUPAMAJIVOTOZASTRAHOVANELIFE

Insurance Bulgaria 100.00 100.00

FC 100.00 100.00

FC

EXPRESSLIFE

Insurance Bulgaria 100.00 100.00

FC

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Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES

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