UNIVERSAL REGISTRATION DOCUMENT 2023

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

The breakdown of the numerator by objective shows that climate change mitigation is the objective that contributes most to alignment. This is also the objective most reported by the undertakings. Based on turnover, of the €1.2 billion in aligned

assets, 99.6% is aligned with the climate change mitigation target, and a third of this €1.2 billion pertains to activities considered enabling (facilitating the transition) by the taxonomy regulation.

Additional information about the numerator:

Numerical indicator

For non ‑ financial undertakings Proportion of Taxonomy ‑ aligned exposures to financial subject to Articles 19a and 29a of Directive 2013/34/EU over total assets covered by the KPI: Turnover ‑ based

88%

CapEx ‑ based

76%

Value of Taxonomy ‑ aligned exposures to non ‑ financial undertakings subject to Articles 19a and 29a of Directive 2013/34/EU: Turnover ‑ based

1,022,034,762

CapEx ‑ based

1,788,082,897

For financial undertakings Proportion of Taxonomy ‑ aligned exposures to financial subject to Articles 19a and 29a of Directive 2013/34/EU over total assets covered by the KPI: Turnover ‑ based

12%

CapEx ‑ based

9%

Value of Taxonomy ‑ aligned exposures to financial undertakings subject to Articles 19a and 29a of Directive 2013/34/EU: Turnover ‑ based

140,244,331

CapEx ‑ based

204,294,736

For all undertakings Proportion of the insurance or reinsurance undertaking’s investments other than investments held in respect of life insurance contracts where the investment risk is borne by the policy holders, that are directed at funding, or are associated with, Taxonomy ‑ aligned: Turnover ‑ based Value of the insurance or reinsurance undertaking’s investments other than investments held in respect of life insurance contracts where the investment risk is borne by the policy holders, that are directed at funding, or are associated with, Taxonomy ‑ aligned: Turnover ‑ based CapEx ‑ based

87%

73%

1,015,945,515

CapEx ‑ based

1,723,433,432

Proportion of Taxonomy ‑ aligned exposures to other counterparties and assets over total assets covered by the KPI: Turnover ‑ based

0%

CapEx ‑ based

16%

Value of Taxonomy ‑ aligned exposures to other counterparties and assets over total assets covered by the KPI: Turnover ‑ based

0

CapEx ‑ based

371,864,427

Based on turnover or capital expenditure, alignment comes very largely from non ‑ financial companies, which account for 88% of all aligned assets (based on turnover). As financial companies are only required to publish their alignment data for the first time this year, very little of the reported data is available. 87% of assets aligned based on turnover are held on the balance sheet of the Group’s entities and not in UL. Note that the aligned

values under “other counterparties and assets” correspond to green bonds. Green bonds undergo a specific analysis of the financed activity (“Use Of Proceeds”) to determine their alignment, and a percentage of alignment is recognised based only on capital expenditure. 16% of the alignment of capital expenditure comes from green bonds.

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Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES