GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

3 CORPORATE GOVERNANCE AND INTERNAL CONTROL Statutory auditor’s special report on related-party agreement

Each of these grants was successivelyauthorisedby the Board of Directorswithout the Chairmanof the fund concernedby the allocationof a grant participating in the vote. Directors concerned: Mr Collay, Mr Constant, Mr Dagès, Ms Le Dilly, Mr Guintard, Mr Moy, Mr PivardM, r Poupart, Mr Schmitt.

Grant to organisations and associations

On 17 December 2020,the Board of Directors authorised the payment in 2021 of grants to the metropolitan regional mutuals to finance organisations or associations for national projects organised locally as part of an annual budget of a maximum amount including tax of €0.025 million per regional mutualr,epresenting an annual amount for all the regional mutuaclsombined of €0.1 million including tax. Each of these grants was successivelyauthorisedby the Board of Directorswithout the Chairmanof the fund concernedby the allocationof a grant participating in the vote. Directors concerned: Mr Collay, Mr Constant, Mr Dagès, Ms Le Dilly, Mr Guintard, Mr Moy, Mr Pivard, Mr Poupart, Mr Schmitt.

Covid grants to the regional mutuals

On 17 December 2020,the Board of Directors approved a Covid-19 grants paid by the regional mutuals in 2020 and authorised the payment of grants to the regional mutuals up to a maximum amount net of corporate tax of €0.75 million. Each of these grants was successively authorised by the Board of Directors without the Chairman of the mutual granted a subsidy participating in the vote. Directors concerned: Mr Collay, Mr Constant, Mr Dagès, Ms Le Dilly, Mr Guintard, Mr Moy, Mr Pivard, Mr Poupart, Mr Schmitt.

Subsidy and debt write-off for Gan Assurances

On 17 December 2020,the Board of Directorsdecidedon the grant and debt write-off for the financingof the iDéoganexpenditurefor fiscal year 2020 and authorised: the payment of the annual grant mentioned above of up€to5.9 million gross to Gan Assurances, ❯

a €0.1 million debt write-off. ❯ Director concerned: Mr Pivard

Neuilly-sur-Seine and Courbevoie, 2 April 2021

The statutory auditors

PricewaterhouseCoopers Audit

Mazars

Christine Billy

Nicolas Dusson

Jean-Claude Pauly

67 Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES