GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

4 CORPORATE SOCIAL RESPONSIBILITY (CSR) Declaration of Extra-financial Performance

Outlook The actions undertakenby the Group will promote the reductionof emissionsover time, also spurredby regulatoryobligations,such as the decree on tertiary buildings resulting from the ELAN law (required minimum energy consumption reduction of 40% in 2030/2010) and the Mobility Guidance Law (LOM). Starting in 2022, there will be a requirement to replace 10% of the fleets with low-emissions cars. The impact will be stronger starting in 2024 (20% of the fleet), and then 35% of the fleet in 2027 and 50% in 2030. In addition, the Mobility Plans will be established in the Group’s companies. The action on fleets (models,mileage) is a major factor of reduction. Non-owned cars continue to be representedthe greatest share of CO 2 emissions by far. It will also be necessaryto count on the likely changes in employee behaviour – the pervasive effect of regular campaigns on eco-behaviours, new habits adopted during the health crisis – but having an impact that is difficult to estimate at the moment. Lastly, recall that the Group’s annual CO 2 emissions should be viewed in comparison with the carbon stock and emissions prevented by the forest assets of Groupama, France’s number 2 private forest owner – see box below.

Group carbon footprint indicator CO 2 emissions in 2020/2019: -17.36%; CO 2 emissions in 2020-2013: -28.46% CO 2 emissions in 2020 restated (1) /2013: -15.71% (2) Carbon study on Groupama forests. Data for 2020 (3) : Forest carbon stock: increasedat 10.5 milliont of CO 2 (10 Mt in 2019) over 21,570 ha (4) . Annual increase in CO 2 stored (balance between planting and cutting + storage of biomass): +185.583 t, or -47.4% comparedwith 2019; the sharp decrease between 2020 and 2019 was mainly due to the change in the calculationmethod, which no longer takes into account the annual increase in soil carbon. CO 2 emissions avoided: 79,471 t by the use of traded timber (75,570 t in 2019). CO 2 stored in wood products: 46,172 t (new data).

Fiscal year restated according to the trajectory originally estimated, i.e. a change of -2% in 2020/2019. (1) As a reminder, 2019 DPEF: -13.99% in 2019/2013. (2) As a reminder, 2019 DPEF: -13.99% in 2019/2013. (3) The exact figure is 10,513,512 t of CO2. (4)

93 Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES