GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

Bond portfolio – by maturity 6.8.2 The profile of the annual maturities of the bond portfolios, including consolidated mutual funds, is afosllows:

31.12.2020

31.12.2019

< 1 year 1 to 5 years > 5 years

Total

< 1 year 1 to 5 years > 5 years

Total

(in millions of euros)

Listed bonds Available-for-sale

3,617 16,993 33,050 53,660 2,610 15,545 34,076 52,232

Classified as “trading” Classified as “held for trading”

195

207

293

695

34

362

357

753

Total listed bonds

3,812 17,201 33,343 54,355 2,644 15,908 34,433 52,985

Unlisted bonds Available-for-sale

32

107

139

104

104

Classified as “trading” Classified as “held for trading”

2

14

16

2

15

17

Total unlisted bonds

34

14

107

155

2

15

104

121

TOTAL BOND PORTFOLIO

3,846 17,215 33,450 54,510 2,645 15,923 34,537 53,106

The distribution of the bond portfolio thus shows that the types of investmentsfavoured by the Group are primarily long-termbonds (over 5 years) with fixed rates.

Bond portfolio – by rating 6.8.3

31.12.2020

Total

AAA

AA

A

BBB

(in millions of euros)

Listed bonds Available-for-sale

2,762

25,915

10,877

13,613

313

180

53,660

Classified as “trading” Classified as “held for trading”

54

47

574

20

695

Total listed bonds

2,816

25,962

11,451

13,633

314

181

54,355

Unlisted bonds Available-for-sale

37

102

1

139

Classified as “trading” Classified as “held for trading”

11

5

16

Total unlisted bonds

48

106

1

155

TOTAL BOND PORTFOLIO

2,816

25,962

11,499

13,739

314

181

54,510

188

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES