GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

6 EARNINGS AND FINANCIAL POSITION Management report of the Board of Directors

Data for the past 5 fiscal years 6.1.8.3

Fiscal year 2016 Fiscal year 2017 Fiscal year 2018 Fiscal year 2019 Fiscal year 2020

(in euros)

I. Ending financial position

a) Share capital or initial capital

2,088,305,152 2,088,305,152 3,617,878,996 3,617,878,997 3,617,878,997

b) Share capital: Number of shares

407,474,176 407,474,176 411,824,587 411,824,587 411,824,587

c) Number of bonds convertible into shares II. Transactions and net income for fiscal year a) Premiums for the fiscal year

2,282,012,505 2,707,975,302 2,743,675,632 2,849,716,609 2,267,029,037

b) Income before tax, amortisation and reserves

-200,306,096 284,751,941 8,109,823 472,376,564 149,914,777

c) Corporate income tax

-126,165,109 -107,341,116 -97,411,229 7,644,771 -115,383,714

d) Employee profit-sharing due for the fiscal year e) Income after tax, profit sharing, amortisation and reserves

-358,447,095 518,862,511 165,302,131 325,701,859 144,912,957

f) Distributed income

13,854,122

III. Personnel

a) Number of employees

1,257

1,265

1,233

1,277

1,288

b) Amount of payroll costs

96,343,404 104,061,241 102,887,430 111,613,842 110,878,542

c) Amounts paid in employee benefits

51,441,424 54,708,706 56,523,105 58,717,870 65,783,131

Details of invoice payment periods 6.1.8.4 In accordancewith the provisionsof the FrenchCommercialCode, the attached table provides details of the invoice payment periods in relation to their due date. Pursuant to the French insurance

federation’s circular of 29 May 2017, the information in the table below does not include transactions related to insurance and

reinsurance policies.

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Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES