UNIVERSAL REGISTRATION DOCUMENT 2023

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

Regulatory ratio – Investment KPI As an insurer, the Groupama group must publish the following ratio on the data at 31 December 2023 presented at market value: investment ratio = proportion of investments for financing or associated with taxonomy ‑ aligned economic activities/total investments; ❯ the five templates for Gas & Nuclear activities. ❯ Qualitative disclosures for asset Managers, credit institutions, investment firms, and insurance and reinsurance undertakings In the context of the application of the Taxonomy Regulation, the following definitions and scopes of application are used: “investments”: all assets held directly and indirectly on the balance sheet of the Groupama group’s life and non ‑ life insurance companies. It is therefore a “transparent” view of the assets of Groupama overall, excluding intra ‑ group assets but including unit ‑ linked; ❯ under Article 7(1) of the delegated act Article 8, sovereign exposures are excluded from the calculation of the investment ratio, both from the numerator and the denominator; ❯ exposures to central governments and central banks are considered “sovereign”. Exposures to local governments or public structures are therefore kept in the denominator; ■ derivatives are excluded from the numerator but included in the denominator of the ratio; ❯ structured products are not automatically excluded from the numerator; ❯ companies not subject to the NFRD are not subject to the taxonomy. Exposure to these undertakings should therefore not be included in the calculation of the numerator of the ratio; ❯ as it cannot be allocated to a specific economic sector and in accordance with the answer to question 22 of the European Commission’s FAQ published on 6 October 2022, cash has been completely excluded from the numerator; ❯ green bonds undergo a specific analysis, unrelated to the issuer, focused on the use of proceeds from these bonds. ❯

4.2.5 4.2.5.1 Investment indicator For calculations based on 2023 year ‑ end figures, the methodology is the same for the Group and all the entities subject to it. This year, Groupama is publishing only regulatory ratios, calculated based on data reported by the companies, obtained through an external data provider for listed assets (bonds and equities). Because of operational difficulties, no alignment data are available for unlisted assets. By providing stakeholders with a uniform framework, in particular with the environmental objectives set out in the Taxonomy regulation, the European Commission has structured the transition process towards a resilient, more environmentally friendly economy. The taxonomy is part of a trio of European texts for the transition to sustainable finance with “SFDR” on sustainability reporting and soon “CSRD” on non ‑ financial reporting. THE FORESTS ARE MANAGED BY SOCIÉTÉ FORESTIÈRE GROUPAMA, A SUBSIDIARY OF GROUPAMA IMMOBILIER The 2023 operations, like the previous ones, are part of a strategy of multifunctional development of woodlands (creation of financial, ecological, and social value). All of SFG’s forests are PEFC (Programme for the endorsement of forest certification) certified. Société Forestière Groupama is committed to very long ‑ term management, developing its portfolio on resilient assets. It should be noted that the regional mutuals also directly own approximately 4,000 hectares of woodland. EUROPEAN TAXONOMY

In summary, the asset exclusions for the investment ratio calculations are as follows: Type of assets

Numerator exclusion

Denominator exclusion

Exposures to central governments and central banks

X

X

Derivatives

X

Exposures to companies not subject to non ‑ financial reporting under the NFRD

X

Cash and cash equivalents

X

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Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES