Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Annual financial statements and notes

Commitments received and given Note 16

Commitments received The €1.9 million of commitments received correspond mainly to: a joint and several guarantee for €1.9 million received from ❯ Orange Bank as part of the commitment made for the Groupama Health Foundation. Commitments given The €1,036.5 million of commitments given by Groupama Assurances Mutuelles correspond mainly to: commitments on unlisted funds of €58.0 million; ❯ €88.9 million commitment on Groupama Private Equity Invest ❯ funds; €112.1 million commitment on Groupama Infrastucture Invest ❯ funds; an amendment to the cash advance agreement for €31.5 million ❯ between Groupama Assurances Mutuelles and Groupama Investissements for €27.7 million; a commitment given on a cash advance agreement of ❯ €6.76 million relating to property for €2.6 million; a commitment given on a Cofintex 32 (property) current account ❯ agreement for €12.0 million; €2.5 million in commitments given on orders (property work) and ❯ SCI debts; securities pledged to Group companies for €421.1 million; ❯ securities pledged to Allianz for €32.6 million; ❯ guarantees granted in connection with the sale of 94% of Carole ❯ Nash shares held by GUK Booking Services to Atlanta Investment Holding A & 2 for €23.3 million; guarantees granted in connection with the sale of Mastercover ❯ held by GUK Booking Services to Nevada Investment Topco and Nevada Investment Holdings 7 for €3.5 million; guarantees granted in connection with the sale of 100% of the ❯ shares of SCA du Château d’Agassac by Groupama Assurances Mutuelles, Groupama Centre Atlantique, and Groupama Centre Manche to FFJ for €0.8 million; deposits given to guarantee the commitments of Société de ❯ gestion de l’Echappée to the Union Cycliste Internationale (UCI) World Team and Continentale for €1.7 million;

guarantees granted as part of the sale of 50% of the shares of ❯ Présence Verte SA and its subsidiary PVTAP to Association Nationale Présence Verte for €1.7 million; a first-demand guarantee given to SNC West Park 92 for the ❯ payment of rent, equipment fees, charges, and refundable and other taxes during the lease for €1.9 million; a €0.8 million guarantee given to the Groupama Health ❯ Foundation; a joint and several guarantee by Groupama Assurances ❯ Mutuelles given to Chubb European Group SE to secure the reinsurance commitments of Gan Assurances to Chubb relating to the business of Groupama Courtage in the amount of €184.0 million; a guarantee given in favour of Chubb European Group SE on the ❯ co-reinsurance obligations of Groupama Italy in the context of Manuli’s insurance cover in the amount of €24.0 million; a guarantee given in favour of Zurich Insurance Company LTD on ❯ the co-reinsurance obligations of Groupama Assicurazioni in the context of Pirelli’s insurance cover in the amount of €2.5 million; a guarantee given in favour of Generali Italia on the reinsurance ❯ obligations of Groupama Italy in connection with the Brembo programme in the amount of €21 million; a guarantee given in favour of Generali Italia on the reinsurance ❯ obligations of Groupama Italy in connection with the Beretta programme in the amount of €3.3 million; a guarantee given in favour of Generali Italia on the reinsurance ❯ obligations of Groupama Italy in connection with the Ilpea programme in the amount of €10.5 million. The commitments received for reinsurance totalling €591.4 million include securities received as collateral from outward reinsurers and retrocessionaires and securities provided by entities reserved for joint and several guarantees. Securities received as pledges for outward reinsurers and retrocessionnaires The amount corresponds to pledged securities received from outward reinsurers for €519.6 million. Sureties given by reinsured entities with joint and several guarantee The amount corresponds to securities received from the Antilles Guyane regional mutual, of which Groupama Assurances Mutuelles is the substitute reinsurer, with respect to the representation of its underwriting reserves of €71.8 million held in custody. Long-term financial instruments outstanding Groupama Assurances Mutuelles’ outstanding long-term financial instruments amounted to €109.2 million, corresponding to the establishment of swaps to hedge the entire Zen structured bond issue.

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Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES